RSSCFPB fines US Bank over add-on products
The Consumer Financial Protection Bureau has ordered U.S. Bank to refund $48 million for unfair billing practices related to add-on products offered through a vendor.
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CFPB takes legal action against online payday lender
The Consumer Financial Protection Bureau has announced a lawsuit against online payday lender Hydra Group. The suit alleges fraudulent practices associated with their payday loans.
CFPB awards ad contract to firm with strong connections to Democrats
The Washington Examiner is reporting that the Consumer Financial Protection Bureau has awarded a substantial contract to an advertising firm with close ties to President Obama and other prominent Democrats.
Financial Services Roundtable pulls ad campaign
Tim Pawlenty, president and CEO of the Financial Services Roundtable, has pulled an ad campaign after it was criticized by some roundtable members.
Credit card companies warned against deceptive marketing
The Consumer Financial Protection Bureau has issued a warning to credit card companies against deceptively marketing promotional interest rates.
CFPB Headquarters: Over budget and missing documentation
A report issued by the Office of the Inspector General of the Federal Reserve (OIG) exposed continuing issues with the current remodeling of the Consumer Financial Protection Bureau headquarters in Washington, D.C.
Internal CFPB report shows employee dissatisfaction
An internal report from the Consumer Financial Protection Bureau reveals dissatisfaction with the organization among employees as they reported instances of elitism, discrimination, favoritism, nepotism and a lack of accountability for supervisors and managers.
CFPB announces new community bank advisory council members
The Consumer Financial Protection Bureau has selected nine community bankers to advise and consult with the bureau on a variety of consumer financial issues.
CFPB extends money transfer rule exemption
The Consumer Financial Protection Bureau has finalized revisions to its international money remittances rule which will extend an exemption for certain remittances.
Auto finance company fined for distorting credit reports
First Investors Financial Services Group Inc., an auto finance company, has been fined $2.75 million for sending inaccurate information to credit reporting agencies by the Consumer Financial Protection Bureau.
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