RSSCFPB kicks off nonbank supervision program, at last
Five-plus months after the official opening of the Consumer Financial Protection Bureau, the bureau finally got to kick off its nonbank supervision program.
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Recess appointment puts Cordray in charge
President Obama made a recess appointment on Jan. 4, announcing that Richard Cordray will lead the Consumer Financial Protection Bureau.
Financial Research office promising, CFPB should focus on non-banks, former Comptroller says
Eugene A. Ludwig is founder and CEO of Promontory Financial Group. He was U.S. Comptroller of the Currency from 1993 to 1998. Promontory, based in Washington, D.C., is a global financial services consulting firm, with a focus on risk management and compliance. He was interviewed by CFPB Journal writer Justin Dullum
CFPB makes compliance a complex challenge
Banks will have to walk a fine line between sound lending and potential discrimination in the age of the Consumer Financial Protection Bureau.
President Won’t Take No for Answer on Cordray
Will President Obama finally appoint Richard Cordray as director of the Consumer Financial Protection Bureau during the next congressional recess, which will begin by Jan. 3?
CFPB Ombudsman cannot overturn examination decisions
On Dec. 8, the CFPB announced its Ombudsman’s Office for banks, nonbank lenders and consumers.
Take a look at CFPB credit card disclosure
Community banks that offer credit cards may want to check out the latest information coming from the Consumer Financial Protection Bureau.
CFPB’s impact on agricultural lending does not extend to Farm Credit System
Agricultural bankers will likely find themselves subject to additional reporting and disclosure requirements, courtesy of the Dodd-Frank Act and the Consumer Financial Protection Bureau the law established. But their biggest competition in rural America will not.
Geithner pushes for vote on CFPB director
At a press conference on Dec. 1, Treasury Secretary Tim Geithner emphasized the need for a full vote in the Senate to confirm Rich Cordray to head the Consumer Financial Protection Bureau.
Subcommittee wants CFPB spending report
House Republicans are keeping an eye on the money spent by the Consumer Financial Protection Bureau.
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