The U.S. Senate has approved the former FTC Chairman to assume the role of Bureau chief from Acting Director Dave Uejio.
Read More »Further Eviction Protections Announced by CDC
New moratorium will apply to areas with high concentrations of COVID cases, and last through October 3.
Read More »CFPB: Name Changes and Bottom Lines
Click through to learn where the Bureau of Consumer Financial Protection nomenclature will still be used after Kathy Kraninger, the agency’s new director halted efforts to make changes to it.
Read More »Warren Bill Aims to Hold Wall Street Investors Accountable
Perpetual Wall Street enemy Senator Elizabeth Warren has introduced a new bill that purports to relieve taxpayers of the losses incurred from derivates trading and pass it on to Wall Street investors.
Read More »The VP’s Possible Effect on the Industry
The names Elizabeth Warren and Julián Castro have been mentioned as possible running mates for Clinton. How will her selection affect the broader U.S. housing market?
Read More »Sen. Warren Speculated to be Clinton’s Running Mate
With Hillary Clinton having wrapped up the Democratic presidential nomination earlier this week, Sen. Elizabeth Warren (D-Massachusetts), who has long been silent on whether she will endorse Clinton or Bernie Sanders, is expected to announce her endorsement of Clinton.
Read More »Coalition Pushes for Stricter Wall Street Regulation
A group of progressives who believe that Wall Street is not regulated enough has organized a coalition in hopes of getting stricter rules passed.
Read More »Senate Democrats Respond to Senate Budget Amendments
Sen. Elizabeth Warren (D-Massachusetts) said the GOP had put financial protections “in the center of the bull's-eye” with their new budget proposal. Warren, joined by Sens. Jeff Merkley (D-Oregon) and Al Franken (D-Minnesota), criticized the GOP budget Wednesday, targeting particular ire at a provision that calls for lawmakers to set the funding levels for the CFPB.
Read More »Sen. Elizabeth Warren Responds to Dodd-Frank Criticism
The White House joined Warren in its criticism, saying that putting the bureau under the appropriation of Congress would limit the agency. The administration also criticized the Republicans budget proposal's "creative-accounting savings" that shift funding for the agency to appropriations.
Read More »Report: Senators Sour on Reform Bill
A recently unveiled plan to phase out Fannie Mae and Freddie Mac and overhaul the secondary mortgage market may have hit another snag, with six key senators reportedly deciding not to give their support. According to Bloomberg, six members of the Senate Banking Committee—all Democrats—have cited concerns that plans in the Johnson-Crapo proposal for finance reform "seemed unworkable."
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