CFPB

CFPB fines installment lender for debt collection practices

06/13/18

The CFPB ordered Security Group Inc. to pay $5 million for making illegal threats, including that consumers could go to jail.

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CFPB goes back to the drawing board on payday rule

06/13/18

The agency will have to rework its strategy for amending its payday lending rule after a federal court rebuffed efforts to stop the rule from going into effect.

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Federal judge rejects CFPB's effort to halt payday rule

06/13/18

Acting CFPB Director Mick Mulvaney had sided with two industry trade groups that sued the CFPB in April to invalidate the tough restrictions.

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Issa emerges as new name for CFPB chief

06/13/18

Rep. Darrell Issa, the Republican lawmaker from California, is among the candidates who have been discussed as President Donald Trump gets closer to naming someone to run the Consumer Financial Protection Bureau, according to people familiar with the matter.

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SIFIs slip; B of A Merrill settles securities charges

06/13/18

Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities.

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I was on the CFPB’s Consumer Advisory Board. Until Mulvaney fired me

06/12/18

Mick Mulvaney is gutting the consumer watchdog, and it bodes poorly for hardworking Americans.

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Senior Democrats to Mulvaney: Stop 'starving' CFPB of consumer data

06/11/18

Though Mick Mulvaney has restarted the agency's data collection process, Sens. Elizabeth Warren and Mark Warner said collecting more information was the key to writing better rules.

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Abuse beyond Wells, Digital Banker of the Year, Mulvaney's board play: Top stories of the week

06/08/18

The OCC finds that Wells Fargo was not alone in its sales abuse practices (though it's not naming names); Fifth Third's Tim Spence is our Digital Banker of the Year; the CFPB acting director wipes out the agency's Consumer Advisory Board; and more from this week's most-read stories.

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Mulvaney's defense of CFPB board upheaval: I'm trying to fix leaks

06/08/18

The acting director cited the size of advisory boards and some members’ reticence among reasons for his decision.

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After reg relief, are Dems a party of Warren or a party of compromise?

06/08/18

Months after a group of Democrats helped propel Dodd-Frank reforms forward, the opposition party’s identity crisis on banking policy is still on full display.

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