Kathy Kraninger

Lawyer picked to defend CFPB before high court backs agency structure


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


Senate Dems urge CFPB watchdog to investigate restitution practices


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.


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


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.


CFPB names longtime agency critic to chair consumer task force


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.


Supreme Court battle, presidential race loom over CFPB in 2020


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.


10 banking policymakers to watch in 2020


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.


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


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


Where have all the CFPB fair-lending cases gone?


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.


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


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


Regulators give wary nod to use of alternative data in underwriting


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