Mara Gawarecki – Page 8

GOP senator seeks probe into English appointment

Sen. Ron Johnson (R-Wis.)

Sen. Ron Johnson (R-Wis.) launched an inquiry into the appointment of Leandra English to her role as chief of staff at the Consumer Financial Protection Bureau.

State AGs demand removal of Mulvaney

Past statements from Mulvaney – including a characterization of the bureau as “a joke” – disqualify him, said a letter signed by New York Attorney General Eric T. Schneiderman and 16 other state attorneys general.

Bipartisan resolution would override payday lending rule

A bipartisan group of House legislators has introduced a Congressional Review Act resolution to bar passage of the final payday lending rule from the Consumer Financial Protection Bureau.

CFPB’s Cordray resigns, fracas ensues

Cordray named former chief of staff Leandra English as deputy director of the agency, to serve as the bureau’s acting director. Trump, however, appointed Office of Management and Budget Director Mick Mulvaney as the CFPB’s interim director.

CFPB sues debt relief firm for misleading customers

The Consumer Financial Protection Bureau filed a lawsuit last week against Freedom Debt Relief, the nation’s largest debt-settlement services provider, and its co-CEO and co-founder Andrew Housser, for allegedly deceiving consumers.

Number of ‘riskier’ auto loans rises, report says

Forty-two percent of auto loans made in the last year carried a payback term of six years or more, compared to just 26 percent in 2009, according to a report from the Consumer Financial Protection Bureau.

Mortgage delinquency rates hit pre-recession low

Information from a newly launched assessment tool shows that mortgage delinquency rates have dropped to levels not seen since before the recession, the Consumer Financial Protection Bureau said.

CFPB outlines customer data sharing principles

The Consumer Financial Protection Bureau has issued principles for protecting consumers when they authorize third party companies to access their financial data to provide certain financial products and services.

Student loan complaints lead to $750 million in relief

The Consumer Financial Protection Bureau has handled more than 20,000 complaints over the last year from consumers about student loans.

CFPB finalizes payday lending rule

The rule requires payday lenders to determine upfront whether or not the consumer is capable of repaying the loan, among other restrictions.