RSSCFPB proposes change to privacy disclosures
The Consumer Financial Protection Bureau is proposing a rule that would change the way banks distribute privacy disclosures.
Category Archives: News
Mid-year report focuses on student loan co-singer issues
Student loan co-signer issues are the focus of the latest midyear report from the Consumer Financial Protection Bureau’s Student Loan Ombudsman Rohit Chopra.
Bank of America in settlement talks with CFPB
According to a report in the Wall Street Journal, Bank of America is near a deal with the Consumer Financial Protection Bureau to settle allegations that the lender pressured consumers into dubious credit card add-on products.
Wisconsin Congressman calls for Cordray’s resignation over race and sexism charges
Representative Sean Duffy (R-Wis.) called on President Barack Obama to forward a plan to resolve the race and gender discrimination issues at the Consumer Financial Protection Bureau.
Questionable expenditures at the CFBP
Three recent Freedom of Information Act (FOIA) requests have revealed highly questionable expenditures by the Consumer Financial Protection Bureau.
CFPB refuses to appear at Congressional hearing on employee discrimination
The Consumer Financial Protection Bureau said it will not attend the April 2 hearing of the House Financial Services Committee on employee discrimination at the bureau.
CFPB poised to issue payday lending rule
The Consumer Financial Protection Bureau is in the late stages of formulating rules for payday lenders, according to remarks made by CFPB Director Richard Cordray at a field hearing in Nashville, Tenn.
CFPB expenditures rose 46 percent last year
According to a recent financial statement issued by the Federal Reserve, spending by the Consumer Financial Protection Bureau rose by nearly half, to $563 million in 2013 from $385 million in 2012.
Report strengthens CFPB debt collection focus
Consumers are being “hounded” by debt collectors, according to a report by the Consumer Financial Protection Bureau.
FOIA suit brought against CFPB over its headquarters renovation
The CFPB has attracted scrutiny from Republican congressmen and conservative watchdogs over its headquarters renovation.
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