CFPB settles with Hydra Group

The Consumer Financial Protection Bureau settled with the defendants in the Hydra Group payday lending lawsuit regarding the unlawful origination and servicing of short-term, small-dollar online loans to consumers nationwide.

Published August 2018

CFPB settles with TCF

TCF National Bank has settled with the Consumer Financial Protection Bureau over allegations it “tricked” consumers into enrolling in its overdraft protection program.

Published July 2018

Leandra English departs CFPB, drops legal case

The deputy director of the Consumer Financial Protection Bureau will step down early next week, a move prompted by Trump’s nomination of Kathy Kraninger to permanently head the bureau, she said in a statement. She also plans to drop her lawsuit seeking to be named acting director of the agency.

Published July 2018

Trump nominates OMB’s Kraninger to lead CFPB

President Donald Trump nominated an Office of Management and Budget staffer to replace Mick Mulvaney as head of the Consumer Financial Protection Bureau on June 18. Kathy Kraninger, an associate director of the OMB under Mulvaney, received the presidential nod to permanently replace Mulvaney at the CFPB.

Published June 2018

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