President Donald Trump’s pick to lead the Consumer Financial Protection Bureau (CFPB) held her own during intense questioning by Democratic Senators on Thursday (July 19). According to Reuters, Kathy Kraninger seems to be on track to secure a confirmation vote that could come this month....
The Consumer Financial Protection Bureau (CFPB) has announced that Paul Watkins, a lawyer, will lead the agency’s newly created Office of Innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Bureau of Consumer Financial Protection announced late last week it settled with the National Credit Adjusters, a private company, as well as its chief executive and part owner Bradley Hochstein. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Raj Date, a former Consumer Financial Protection Bureau (CFPB) deputy director turned venture capitalist, is launching a new firm that will consult cryptocurrency and digital banking companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Consumer Financial Protection Bureau announced that Brian Johnson, who currently serves as principal policy director at the Bureau, will assume the responsibilities of acting deputy director. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The acting director of the Consumer Financial Protection Bureau has cut a fine against payday lenders in half, as well as dropped some of the agency’s earlier claims in the case. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Consumer Financial Protection Bureau (CFPB) has filed a response supporting reconsideration of the agency’s payday rule. According to The National Law Review, the motion requested that a Texas federal court reconsider its June 12 order that the effective date of the rules not be...
A federal judge in New York has ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional. According to Reuters, the decision by U.S. District Judge Loretta Preska prohibits the agency from suing a company that advances money to people awaiting settlement payout,...
House Minority Leader Nancy Pelosi has criticized President Trump’s reported pick to head the Consumer Financial Protection Bureau (CFPB), saying that Republicans are more concerned about the interests of banks and financial firms than consumers. Get the Full Story Complete the form to unlock this...
