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Consumer Financial Protection Bureau

Consumer Watchdog In Trump's Crosshairs Gets A Chance To Keep Fighting

The Huffington Post | Cristian Farias | Posted 02.16.2017 | Politics

A federal appeals court agreed Thursday to reconsider a decision that found the structure of the Consumer Financial Protection Bureau to be unconstitu...

Why the CFPB Is In Danger Of Getting Trumped

Adam Levin | Posted 02.16.2017 | Politics
Adam Levin

Just beyond the Trump swelter of the hour, lawmakers have been busy concocting plans to dismantle key achievements of the Obama years. Among those acc...

Consumer Watchdogs Wake Up As Trump Dismantles Protections

Christopher Elliott | Posted 02.15.2017 | Business
Christopher Elliott

Kelly Lewis is worried. With a controversial new administration in power, she’s concerned that consumers like her will suffer. And for good reason. ...

Navient lawsuit: what student loan borrowers need to know

NerdWallet | Posted 02.09.2017 | College
NerdWallet

The U.S. Consumer Financial Protection Bureau is suing Navient Corp., the nation's largest student loan servicer, accusing it of "systematically and i...

Can You Find My Data Now?

Tom Garrubba | Posted 02.07.2017 | Business
Tom Garrubba

Marketing has brought many familiar catch phrases into popularly accepted lexicon, including "where's the beef?" and "do you hear me now?". However, i...

Trump Moves Closer To Gutting Elizabeth Warren's Consumer Watchdog

The Huffington Post | Ben Walsh | Posted 01.12.2017 | Politics

NEW YORK ― Big business and congressional Republicans salivate at the idea of gutting the Consumer Financial Protection Bureau, the brainchild of Se...

Rejected for a Checking Account? Don't Give Up. Follow These Steps.

NerdWallet | Posted 01.11.2017 | Business
NerdWallet

By Melissa Lambarena Being denied a checking account isn't a permanent roadblock to financial stability. After overcoming homelessness, Lavonna McK...

Why The Consumer Financial Protection Bureau May Die -- And Why You Should Care

Christopher Elliott | Posted 12.12.2016 | Business
Christopher Elliott

Since the Consumer Financial Protection Bureau’s creation six years ago, some Republicans in Congress have wanted to kill it. They may get a clear s...

Elizabeth Warren Leads Lawmaker Push To Defend Consumer Protection Watchdog In Court

Reuters | Andrew Hart | Posted 11.29.2016 | Politics

WASHINGTON, Nov 29 - The U.S. lawmakers who helped bring the Consumer Financial Protection Bureau into being rose to defend it on Tuesday, urging the ...

The So-Called 'Midnight Rules Relief Act' Is A Sweeping GOP Bill That Addresses A Non-Existent Problem

Rep. Hank Johnson | Posted 11.18.2016 | Politics
Rep. Hank Johnson

It represents yet another unfounded and reckless attempt to prevent the implementation of critical laws by Federal agencies.

After Running On Economic Populism, Republicans Want To Destroy The Consumer Financial Protection Bureau

The Huffington Post | Ryan Grim | Posted 11.17.2016 | Politics

WASHINGTON ― Senate Republicans are gearing up for an assault on one of the trademark populist achievements of the Obama administration, vowing to t...

Tone At The Top: Culture Counts -- The Wells Fargo Saga

Tom Garrubba | Posted 10.28.2016 | Business
Tom Garrubba

"Tone at the Top" has become an often-quoted mantra in business circles but it appears to have shed a rather dim light when evidenced by the continuin...

Hundreds Of Suspiciously Similar Letters Praise The Payday Loan Industry

The Huffington Post | Ben Walsh | Posted 09.26.2016 | Politics

Happy payday loan customers are all alike, it seems. Hundreds of individually submitted comments to a federal regulator praising the payday loan indu...

The Infuriating Reason Wells Fargo Got Away With Its Massive Scam For So Long

The Huffington Post | Emily Peck | Posted 09.24.2016 | Politics

How did Wells Fargo get away with ripping off its banking customers for so long? The Consumer Financial Protection Bureau and the City of Los Angeles ...

Here's Why Republicans Are Suddenly Demanding Tougher Bank Regulation

The Huffington Post | Amanda Terkel | Posted 09.21.2016 | Politics

WASHINGTON ― Republicans don’t like the Consumer Financial Protection Bureau. They opposed the very idea of the watchdog when Elizabeth Warren fir...

Hillary Clinton Pledges To Protect Elizabeth Warren's Consumer Agency In Letter To Wells Fargo Customers

The Huffington Post | Amanda Terkel | Posted 09.20.2016 | Politics

Hillary Clinton is out with an open letter to Wells Fargo customers, pledging to protect the consumer watchdog set up by Sen. Elizabeth Warren (D-Mass...

Wells Fargo: Will They (We) Ever Learn?

Ken Weber | Posted 09.19.2016 | Business
Ken Weber

An unfortunate side effect of the heated presidential campaign is that it sucks away important stories from the daily headlines. One example has to be the disgrace at Wells Fargo, one of America's largest banks. It's a mind-boggling scam with far reaching implications, yet it's received scant coverage in the general media.

Should Wells Fargo Execs Responsible For Bilking Customers Be Forced To Return Their Pay?

The Conversation US | Posted 09.19.2016 | Business
The Conversation US

At the very least, don't Wells Fargo's customers have a reasonable expectation that executives who profited off their misfortune be required to return some of their ill-gotten gains?

Morning In America Delivered By Democrats

Leo W. Gerard | Posted 09.19.2016 | Politics
Leo W. Gerard

Nine years after the Great Recession began during the tax- and regulation-slashing Bush administration, some startlingly good economic news arrived from Washington, D.C., last week.

Is Mitch McConnell Attacking Consumer Rights To Protect His Own Wallet?

Robert Weissman | Posted 09.15.2016 | Politics
Robert Weissman

Here's a quiz. Can you guess which member of Congress with his wife holds more Wells Fargo stock than any other, at least according to the most recently available financial disclosure forms? You guessed right! Mitch McConnell.

Wells Fargo Just Made The Case For Elizabeth Warren’s Bank Agency

The Huffington Post | Emily Peck | Posted 09.14.2016 | Business

Wells Fargo just proved, again, that no scam is beneath America’s financial institutions. And no institution is above being watched by a federal age...

Wells Fargo Will Pay $190 Million To Settle Customer Fraud Case

Reuters/HuffPost | Annum Masroor | Posted 01.10.2017 | Business

WASHINGTON, Sept 8 - Wells Fargo has long been the envy of the banking industry for its ability to sell multiple products to the same customer, but r...

A New Consumer Protection Agenda for Working Families

Rep. John K. Delaney | Posted 09.08.2016 | Politics
Rep. John K. Delaney

Our Expanding Rent-to-Own Protections Act would ensure that rent-to-own customers receive the same level of protections that other consumers enjoy.

U.S. Consumer Agency To Toughen Regulations On Debt Collectors

Reuters | Jade Walker | Posted 07.28.2016 | Business

WASHINGTON (Reuters) - The U.S. watchdog for consumer finances unveiled on Thursday a major proposal to toughen regulation of the multibillion-dollar ...

What Is Your State Of Financial Well-Being?

MoneyTips | Posted 06.21.2016 | Business
MoneyTips

What does the phrase "financial well-being" mean to you? Does it mean having enough money to get by? Having all the money that you desire? Achieving a certain dollar threshold? Different people may have different definitions in mind.