Dems suggest CFPB nominee had role in ‘zero-tolerance’ border policy
Sens. Elizabeth Warren and Sherrod Brown sought details on whether an OMB official was involved in the policy of separating children from their parents. ... Read full article
Sens. Elizabeth Warren and Sherrod Brown sought details on whether an OMB official was involved in the policy of separating children from their parents. ... Read full article
The Democratic leader in the House raised questions about Kathy Kraninger's "qualifications to lead such an important agency." ... Read full article
President Trump has yet to formally name Kathy Kraninger as his choice to head the Consumer Financial Protection Bureau, but her nomination is already in trouble. That may be just fine with the White House. ... Read full article
President Donald Trump has chosen Kathy Kraninger, a little-known White House budget aide, as director of the Consumer Financial Protection Bureau, an administration official said. ... Read full article
From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come. ... Read full article
Kathy Kraninger, an obscure official at the Office of Management and Budget, is President Trump's leading candidate to become director of CFPB, according to sources. ... Read full article
The new chair of the Conference of State Bank Supervisors argues that state regulators will keep protecting consumers if the CFPB curtails oversight. ... Read full article
Readers respond to a bill designed to modernize the anti-money-laundering rules, applaud the acting head of the CFPB’s decision to fire the members of the bureau’s advisory councils, opine on when a bank ought to communicate it has been hacked and more. ... Read full article
Marc Dann, a former Ohio attorney general, has a plan to publicly maintain the CFPB's consumer complaint database if acting Director Mick Mulvaney shuts it down. ... Read full article
The CFPB ordered Security Group Inc. to pay $5 million for making illegal threats, including that consumers could go to jail. ... Read full article
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. ... Read full article
Acting CFPB Director Mick Mulvaney had sided with two industry trade groups that sued the CFPB in April to invalidate the tough restrictions. ... Read full article
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 ... Read full article
Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities. ... Read full article
Mick Mulvaney is gutting the consumer watchdog, and it bodes poorly for hardworking Americans. ... Read full article
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. ... Read full article
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; ... Read full article
The acting director cited the size of advisory boards and some members’ reticence among reasons for his decision. ... Read full article
It's tough to explain the bizarre way the CFPB handled the decision to dismiss the members of three advisory councils earlier this week. ... Read full article
Acting CFPB Director Mick Mulvaney wrote in a two-paragraph filing that the Mount Laurel, N.J., company did not violate the Real Estate Settlement Procedures Act. ... Read full article