November 2011 Articles – CFPB Journal

Subcommittee wants CFPB spending report

House Republicans are keeping an eye on the money spent by the Consumer Financial Protection Bureau.

Four quarters to be considered when determining size

Confused about which regulator will enforce consumer compliance at your bank after a merger or acquisition? Well, don’t be.

Consumer groups keep adding to list

Consumer groups are adding more to their Consumer Financial Protection Bureau wish list.

Humphrey lays out approach for helping older Americans

Skip Humphrey, the head of the Office for Older Americans at the Consumer Financial Protection Bureau, described his approach to fighting growing abuses against senior citizens in his Nov. 15 testimony before the Senate Subcommittee on Financial Institutions and Consumer Protection.

Another new disclosure? Checking account form proposed

First, there was the new mortgage disclosure form. Next came the student loan “shopping form.”

CFPB official describes bureau’s approach to financial literacy, supervision

The Consumer Financial Protection Bureau will have a significant financial education component, in addition to its supervisory and enforcement responsibilities, said Barton Shapiro, senior advisor for community banks and credit unions with the CFPB. Barton spoke to bankers Nov. 3 gathered in Lincoln, Neb., for the annual meeting of the Nebraska Independent Community Bankers.

CFPB is ‘source of concern,’ community banker testifies

A House Financial Services subcommittee field hearing held Oct. 31 in Wausau, Wis. – home to Rep. Sean Duffy (R-Wis.) – gave community bankers the chance to express their views on the Consumer Financial Protection Bureau.

Obama continues push for Cordray confirmation

The Obama administration is turning on the pressure to get Rich Cordray confirmed as director of the Consumer Financial Protection Bureau.

CFPB reports on first 100 days

In its first 100 days, the Consumer Financial Protection Bureau has staffed up, studied up and started up a few key initiatives.

Panelists, consumers share thoughts at Oct. 26 Town Hall Forum

On the evening of October 26 Raj Date, Special Advisor to the Secretary of the Treasury for the CFPB, visited Minneapolis for one in a series of town hall meetings. The CFPB website had advertized for the events saying, “We’re on a mission. We’re criss-crossing the country to hear from consumers about their experiences with financial products and services.”