CFPB

CFPB
Mulvaney Pitches New CFPB Governance To Congress
April 11, 2018

In his first semiannual report to Congress, Mick Mulvaney said he is taking a narrow approach to running the Consumer Financial Protection Bureau (CFPB). Mulvaney, who is temporarily running the agency, is also the White House budget chief, Bloomberg reported. Get the Full Story Complete...

CFPB
Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
April 11, 2018

The U.S. Senate Banking Committee is planning to repeal the Consumer Financial Protection Bureau’s (CFPB) indirect auto lending and leveraged lending rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CFPB
Payday Lending Trade Group Sues CFPB Over Obama-Era Rule
April 10, 2018

Community Financial Services Association of America, the payday lending trade group, filed a lawsuit against the Consumer Financial Protection Bureau to stop a regulation put into place under the Obama administration that it claims will kill the industry. Get the Full Story Complete the form...

CFPB
Mulvaney Uses CFPB Structure As Excuse To Not Answer Congress’ Questions
April 06, 2018

Consumer Financial Protection Bureau acting director Mick Mulvaney is using the agency’s structure as an excuse to refuse to answer questions about his leadership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
Mulvaney Says CFPB Is Too Powerful
April 03, 2018

CFPB Acting Director Mick Mulvaney offered up the agency’s first semi-annual report under his tenure. Other than saying the agency is “too powerful” and offering proposals that would boost Congress’ power over the Bureau, through funding and other means, it’s all just business as usual....

CFPB
CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
March 09, 2018

The Consumer Financial Protection Bureau (CFPB) introduced a final rule on Thursday (March 8) that it said will help mortgage servicers communicate with borrowers who are facing bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
Mulvaney Hints At CFPB’s Future In Bank Regulation
March 02, 2018

The acting director of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, could allow other regulators to be in charge of supervisory matter, in an attempt to prevent duplications within government agencies and to reduce the burden for financial firms when it comes to exams....

CFPB
CFPB Looks To Improve Complaint Reporting
March 02, 2018

The Consumer Financial Protection Bureau (CFPB) is seeking public evidence to ensure that the government watchdog agency is doing everything it can to best protect consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
Mulvaney Tells Warren To Take Complaints To CFPB’s Creator
February 28, 2018

Mick Mulvaney shot back at Elizabeth Warren after the U.S. Senator has repeatedly criticized his policy changes as the acting director of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...