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Consumer Financial Protection Bureau

Consumers Lose With A Weak Consumer Financial Protection Bureau

New York Legal Assistance Group | Posted 05.19.2017 | Politics
New York Legal Assistance Group

By Jessica Scholes and Sarah Rosenthal, Staff Attorneys, New York Legal Assistance Group John remembers all too clearly the day the pre-paid debit ca...

She's The Best Answer To Donald Trump You Never Heard Of

The Huffington Post | David Wood | Posted 05.13.2017 | Politics

Heather Booth doesn’t look like a revolutionary. She sits demurely on a sofa, dressed simply in black, fingering a silver necklace. She speaks softl...

GOP Senator's Push To Let Debit-Card Companies Rip People Off Fails

The Huffington Post | Ben Walsh | Posted 05.11.2017 | Politics

Congressional Republicans’ mad rush to repeal Obama-era rules ended with a whimper Thursday, when the Senate failed to repeal regulations that aim t...

Schumer Pushes FTC Nominee, Signaling Aggressive Approach To Corporate Power

The Huffington Post | Zach Carter | Posted 05.09.2017 | Politics

WASHINGTON ― Senate Minority Leader Chuck Schumer (D-N.Y.) has recommended consumer advocate Rohit Chopra to serve as commissioner of the Federal Tr...

Ocwen Financial Rope-a-Dopes The Consumer Financial Protection Bureau

Joel Sucher | Posted 05.11.2017 | Politics
Joel Sucher

Update: On May 10th, 2017 HousingWire reported that the Texas Department of Savings and Mortgage Lending ordered Ocwen to cease acquiring mortgage s...

Next On The Chopping Block For House Republicans: Post-Crisis Bank Regulations

The Huffington Post | Ben Walsh | Posted 05.05.2017 | Politics

On Thursday ― the day the House of Representatives was scheduled to vote on the Republican plan to repeal Obamacare by stripping insurance from mill...

5 Ways Your Credit Score Impacts Your Life Without You Knowing

Ahmad Raza | Posted 04.03.2017 | Business
Ahmad Raza

April Fool's Day ushers in a new tax season and plenty of number-crunching, and it's definitely not time to make foolish mistakes with your money. Apr...

Trump Administration Fights Its Own Agency, A Pro-Consumer Watchdog, In Court

Reuters | Philip Lewis | Posted 03.17.2017 | Politics

The Trump administration took an unusual step on Friday in its efforts to defang the U.S. financial consumer watchdog created after the banking crisis...

When Is Regulation Excessive?

Jack M. Guttentag | Posted 03.14.2017 | Business
Jack M. Guttentag

President Trump believes that Federal regulation is excessive and has directed that task forces be set up at each Federal agency to supervise and moni...

The Consumer Financial Protection Bureau: Past, Present, and Future

Gregory D. Squires | Posted 02.27.2017 | Politics
Gregory D. Squires

Co-authored by Larry Kirsch, Managing Director, IMR Health Economics In the wake of the recent election, the mind-boggling possibility of a return to ...

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

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

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...