CFPB

CFPB
OCC Chief Praises Mulvaney On Halting Payday Rule
February 07, 2018

After a 45-minute meeting on Tuesday (Feb. 6), Comptroller of the Currency Joseph Otting had nothing but praise for acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
Mnuchin Presses CFPB For Answers On Equifax Hack
February 07, 2018

U.S. Treasury Secretary Steven Mnuchin says he has questions for the Consumer Financial Protection Bureau (CFPB) on its decision to pull back on the probe into last year’s Equifax hack that affected 143 million Americans. Get the Full Story Complete the form to unlock this...

CFPB
Consumer Advocates Cry Foul On CFPB’s Equifax Stance
February 06, 2018

President Donald Trump and his administration are facing complaints from consumer protection advocates, who are advocating for a reopening of the investigation into the Equifax data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
CFPB Hits Pause On Equifax Investigation
February 05, 2018

Interim director Mick Mulvaney may not be able to completely shutdown the government agency he currently runs — but he is surely working overtime to make sure that the CFPB does as little as humanly imaginable while he is at its helm. Get the Full...

CFPB
CFPB Sends Out RFI Over Administrative Adjudications
January 31, 2018

The Consumer Financial Protection Bureau (CFPB) wants more insight into the use of administrative adjudications and sent out a Request for Information (RFI) to get it. Administrative adjudication is a proceeding the CFPB uses in which a formal adversarial proceeding is conducted by an administrative...

CFPB
Courts Take Away President’s Power To Fire CFPB Without Just Cause
January 31, 2018

The Consumer Financial Protection Bureau (CFPB) scored a victory Wednesday (Jan. 31) when a U.S. appeals court ruled the President can only remove the head of the watchdog agency with a specific cause, such as a dereliction of duty or engaging in wrongdoing. Get the...

CFPB
CFPB Delays Prepaid Card Rule Implementation For A Year
January 25, 2018

The Consumer Financial Protection Bureau (CFPB) has extended the effective date on its 2016 prepaid card rule, among other modifications announced today (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
CFPB Drops Investigation Into Lender That Donated To Mulvaney
January 24, 2018

The Consumer Financial Protection Bureau (CFPB) has dropped its investigation into World Acceptance Corp., which had been accused of taking advantage of low-income borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
CFPB Appeal To Unseat Mulvaney Gets Expedited
January 24, 2018

It looks like the fight over who will lead the Consumer Financial Protection Bureau (CFPB) is coming to an end, as a federal appeals court agreed to expedite the appeal seeking to unseat acting Director Mick Mulvaney. Get the Full Story Complete the form to...