Richard Cordray

CFPB makes it official, rescinds Cordray-era limits on payday lenders

07/07/20

The agency delivered long-anticipated regulatory relief to the small-dollar loan industry by eliminating ability-to-repay requirements imposed under the bureau’s former director.

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Wells in N.Y. state of mind, coronavirus, election 2020: Top stories of the week

02/28/20

How New York became Wells Fargo's new center of power; banks walk fine line in preparing for a coronavirus outbreak in U.S.; bankers on Bernie's electoral chances and whether a Sanders presidency would pose a threat; and more from this week's most-read stories.

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In tell-all, ex-CFPB chief Cordray claims Trump nearly fired him

02/27/20

The release of Richard Cordray's retrospective of his tenure will come one day before the Supreme Court hears a pivotal case about the leadership structure of the agency.

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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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How Supreme Court could decide CFPB constitutionality question

09/23/19

If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.

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Led by Trump appointee, CFPB is back in the enforcement business

09/18/19

There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.

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Enforcement actions are still a tool in CFPB arsenal, Kraninger says

09/09/19

Public orders are an effective way to discourage violations of consumer protection law, the bureau's director said at a credit union conference.

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Why the CFPB’s payday rule is in the hands of a Texas judge

09/03/19

Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.

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Let’s put some perspective around the small-dollar loan debate

08/30/19

The debate over the CFPB's plan to revamp its payday lending regulation should focus on the benefits for borrowers.

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