House passes Waters’ CFPB bill

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The U.S. House has passed a bill authored by Rep. Maxine Waters (D-Calif.) aimed at undoing many of the changes made at the Consumer Financial Protection Bureau by former acting director Mick Mulvaney.

Kraninger names deputy director, COO

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Brian Johnson was named deputy director of the Consumer Financial Protection Bureau yesterday. Kate Fulton will serve as chief operating officer, and Director Kathy Kraninger announced several other new hires.

CFPB settles with student loan servicer

CES agreed to pay a fine of $3.9 million for irregularities in its business operations as well as adjust the principal balances of the affected loans and make restitution to borrowers who paid off loans with an incorrect balance.

CFPB changes CID policy

The Consumer Financial Protection Bureau is vowing to provide a clearer idea about potentially wrongful conduct at issue in its civil investigative demands.

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