CFPB

Niche lending markets central to GreenSky's $100M IPO

05/02/18

The fintech wants to facilitate loans for elective surgeries, auto repairs and jewelry purchases, but regulatory uncertainty — at the state and federal levels — casts a cloud over its business model.

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Goldman’s forex settlement; fired BofA executive seeks $100 million

05/02/18

The firm will pay $110 million to settle charges it didn’t control traders; hedge fund executive says he was wrongfully accused of sexual misconduct.

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The real reason Mulvaney wants CFPB employees in the basement

05/01/18

Acting CFPB Director Mick Mulvaney’s staff is selling the move of agency employees as a cost-cutting measure. Don’t buy it.

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Mulvaney comments on lobbyist meetings may be illegal, Democrats say

05/01/18

The acting Consumer Financial Protection Bureau director should be investigated for potential Hatch Act violations following his controversial remarks at a banking industry conference, Senate Democrats said Tuesday.

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Mulvaney's CFPB considers moving staff to basement. Or to Dallas

05/01/18

Such options are being proposed by his top aides as Mulvaney seeks to cut spending at the agency by tens of millions of dollars, according to an internal cost-savings analysis obtained by Bloomberg News. Another budget-trimming idea: making employees share desks.

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Equifax breach shows need for public CFPB complaints: Dem senators

04/30/18

Acting CFPB Director Mick Mulvaney told a group of bankers last week that he intends to end public access to complaints, but Sen. Elizabeth Warren and two other Democrats argue that would be a mistake.

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CFPB’s Mulvaney misled Congress about land deal, watchdog says

04/30/18

The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina.

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CFPB auto-loan crackdown crumbled long before Senate stepped in

04/30/18

The agency’s 2013 guidance is frequently portrayed as either an overdue push to stamp out lending discrimination or a case study in regulatory overreach. In truth, its impact was minimal.

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Mick Mulvaney, controversy magnet

04/30/18

Since taking office in November of last year, acting Consumer Financial Protection Bureau Director Mick Mulvaney's actions have sparked outrage seemingly at every turn, including several times just last week.

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Mulvaney's BCFP, Zelle's bumpy ride, BB&T's glitch: Top stories of the week

04/27/18

In addition to changing the name of the Consumer Financial Protection Bureau, the acting director wants to also nix public complaints; the good, bad and ugly in Zelle's ascendance; a case study for digital outage recovery; and more from this week's most-read stories.

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