CFPB

CFPB
US High Court Considers CFPB’s Fate
March 03, 2020

The Supreme Court heard arguments about whether a sitting U.S. president has the authority to fire the leader of the Consumer Financial Protection Bureau (CFPB), which was formed after the financial crisis, according to the Financial Times. Get the Full Story Complete the form to...

CFPB
Waters Tells CFPB Head To Do Better
February 06, 2020

The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that the organization needs to do better. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
CFPB Sues Citizens Bank For Violating Truth In Lending Act
January 31, 2020

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit on Thursday (Jan. 30) against Citizens Bank over alleged violations of the Truth In Lending Act (TILA). It filed the complaint in the U.S. District Court for the District of Rhode Island. Get the Full Story...

CFPB
CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities
January 27, 2020

For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of what equates to “abusive” practices may scale back investigations (and fines) and some states seek to boost consumer protections. We...

CFPB
CFPB Charges Student Loan Debt Relief Firms With Unlawful Behavior
January 10, 2020

The Consumer Finance Protection Bureau (CFPB) has filed lawsuits against several companies offering to forgive student loan debt for allegedly obtaining peoples’ data illegally, charging unlawful fees and engaging in “deceitful conduct,” an announcement said. Get the Full Story Complete the form to unlock this...

CFPB
CFPB Proposal On Remittances Offers Exemptions For Banks, CUs
December 03, 2019

In the years ahead, might there be a greater number of smaller financial institutions (FIs) offering remittance services? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

CFPB
CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
October 16, 2019

Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau (CFPB), faced lawmakers during their semi-annual review of the agency. Get the Full Story Complete the form to unlock this...

CFPB
Congresswoman’s Bill Seeks To Curb Aggressive Debt Collection
October 11, 2019

U.S. Rep. Ayanna Pressley of Massachusetts has introduced new legislation that would require the Consumer Financial Protection Bureau (CFPB) to regulate the debt collection industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
CFPB Announces New Hires
May 14, 2019

The Consumer Financial Protection Bureau (CFPB) has announced additions to its senior leadership and executive teams via an emailed press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...