News – Page 44 – CFPB Journal

Cordray’s irregular appointment still causing CFPB trouble

The troubled appointment of Richard Cordray as Director of the Consumer Financial Protection Bureau four years ago continues to be a thorn in the side of the agency

CFPB as political launching pad?

With Democratic presidential candidate Hillary Clinton poised to choose her November running mate, the past two weeks have seen both the founding force and the current Director of the Consumer Financial Protection Bureau mentioned as possibilities.

Another bank settles with CFPB and DOJ

BancorpSouth, announced this week that it has entered into a consent order with the Department of Justice and the Consumer Financial Protection Bureau pursuant to alleged violations of the Fair Housing Act and Equal Credit Opportunity Act.

CFPB moves to regulate another new industry

The Consumer Financial Protection Bureau is once again casting its shadow over an industry where its jurisdiction may be questionable.

GAO finds CFPB still struggles with discrimination, provided misleading info

Some 25 percent of the Consumer Financial Protection Bureau’s African-American, Asian and female employees reported continued discrimination at the bureau, according to the Government Accountability Office.

CFPB spending big on a public relations campaign

The Consumer Financial Protection Bureau has launched a public relations campaign, seemingly in the wake of some recent bad publicity.

CFPB reform bill introduced in House

House Financial Services Committee Chairman Jeb Hensarling has presented the outlines of a reform bill designed to make fundamental changes to the Dodd-Frank Act.

Credit reporting, New Mexico consumers featured in latest complaint snapshot

Complaints about credit reporting were highlighted in the latest in a series of complaint snapshots from the Consumer Financial Protection Bureau.

Divining data requirements from recent CFPB consent orders

Over the past year, the Consumer Financial Protection Bureau has entered into several consent orders with major players in the financial services industry.

Agencies issue guidance on deposit account discrepancies

Banks should avoid or reconcile, or resolve discrepancies between the amount they credit to a consumer’s account and how much was actually deposited, according to guidance issued by the CFPB and other regulatory agencies.