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The Consumer Financial Protection Bureau announced a number of changes to help consumers and regulated businesses amid the fallout from the COVID-19 pandemic. It suspended several data collection requirements, tweaked its examination structure and joined other federal regulators in urging financial institutions to work with impacted customers.
The Consumer Financial Protection Bureau has finally offered a clarification of the ‘abusive’ standard laid out in the Dodd-Frank Act nearly a decade after its passage. The CFPB said it would focus on citing or challenging conduct as abusive in supervision and enforcement matters only when “the harm to consumers outweighs the benefit.”
Marketing credit cards to college students is on the decline, according to a recent report from the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau has filed a complaint and a temporary restraining order against a student-loan debt-relief operation engaged in allegedly unlawful conduct.
Twenty-three Democratic Senators have called for an investigation into a loan servicer over its handling of a student loan forgiveness program.
The Consumer Financial Protection Bureau announced several changes to its consumer complaint database while it will continue publication of consumer complaints, data fields and narrative descriptions
Kathy Kraninger, director of the Consumer Financial Protection Bureau, has thrown her support behind the view that the agency she leads is structured unconstitutionally.
The Consumer Financial Protection Bureau and the Office of the Arkansas Attorney General filed a proposed settlement with Andrew Gamber and several of his companies.
Sen. Elizabeth Warren (D-Mass.) and several other Democrats have objected to a recent hire at the Consumer Financial Protection Bureau over his past employment.
The Consumer Financial Protection Bureau filed a complaint against PGX Holdings Inc. and subsidiaries over collecting illegal upfront fees and deceptive marketing practices.