Kathy Kraninger

Lawyer picked to defend CFPB before high court backs agency structure

01/15/20

The Supreme Court appointed Paul Clement to represent the agency after the bureau’s current director questioned its constitutionality.

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Senate Dems urge CFPB watchdog to investigate restitution practices

01/14/20

In a letter to the agency's inspector general, the 15 lawmakers pointed to specific cases where they said the bureau departed from legal standards in deciding not to require restitution.

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Can California's mini-CFPB pick up slack left by federal agency?

01/10/20

Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.

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CFPB names longtime agency critic to chair consumer task force

01/09/20

Todd Zywicki, a law professor who has sharply criticized the CFPB as an unaccountable bureaucracy, has been named chair of an agency task force identifying potential conflicts and inconsistencies in consumer finance law.

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Supreme Court battle, presidential race loom over CFPB in 2020

12/23/19

The Consumer Financial Protection Bureau faces a busy policy agenda heading into the new year, as well as strong external forces that are beyond its control.

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10 banking policymakers to watch in 2020

12/19/19

Impeachment continues to dominate Congress, but legislation the industry seeks is still pending and the bank regulators have a full agenda. Here are the figures who will drive the policy debate.

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Warren, Brown call on GAO to investigate CFPB's fair lending oversight

12/18/19

The two Democrats sent a letter “raising grave concerns about whether the bureau is fulfilling its statutory obligations.”

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Where have all the CFPB fair-lending cases gone?

12/16/19

Despite assurances by Director Kathy Kraninger that the agency is cracking down on discrimination, the agency has not filed an enforcement action or sent a Department of Justice referral on a fair-lending violation in two years.

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Warren, Brown object to CFPB plan to issue formal advisory opinions

12/06/19

The two Democratic senators said the bureau's policy could allow companies to circumvent consumer finance laws.

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Regulators give wary nod to use of alternative data in underwriting

12/03/19

Alternative data "may improve the speed and accuracy of credit decisions and may help firms evaluate the creditworthiness of consumers," the agencies said.

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