Halfway into 2021, lenders face new regulations, a new administration, and other major changes.
Read More »Former CFPB Director Reflects on Tenure
From the Bureau’s inception to the current administration, Richard Cordray's upcoming book reveals his perspective on his time as CFPB Head.
Read More »Lawmakers Weigh in on Kraninger’s Confirmation
Here's what lawmakers from both sides of the aisle had to say after a Senate vote confirmed Kathleen Kraninger as the next director of the Bureau of Consumer Financial Protection.
Read More »The Cost of Regulation
Here’s what an official name change of the CFPB to the Bureau of Consumer Financial Protection is likely to cost the agency and the industry.
Read More »Trump Administration’s CFPB Pick Backed by District Judge
A federal judge appointed by President Trump has delivered the administration a legal victory with a decision supporting the President’s choice for head of the Consumer Financial Protection Bureau. ...
Read More »Why the CFPB Acting Director Role Matters
Former CFPB attorney Richard Horn breaks down what two Acting Directors means from the novel legal issues it raises to the decision-making power the Acting Director possesses.
Read More »Mulvaney Vows CFPB Will Follow Law Without ‘Choking Off Access to Capital’
Speaking during a press conference following a chaotic and confusing morning at the CFPB, Mulvaney had harsh words about the CFPB’s past actions, but added that he was “not here to shut the place down.”
Read More »Industry Reacts to Cordray Resignation
Richard Cordray, the Obama-appointed director of the Consumer Financial Protection Bureau (CFPB), announced his resignation—stating that he will step down before the end of the month. Cordray officially ...
Read More »Industry Reacts to Senate Vote on CFPB Arbitration Rule
On Tuesday evening, the debate around the Consumer Financial Protection Bureau’s final arbitration rule came to a head when the Senate voted to repeal it. See the reactions here to the razor-thin vote here . . .
Read More »Protecting Consumers’ Data: Principles Outlined by the CFPB
According to the CFPB, authorized data-sharing allows companies to provide consumers with more efficient methods of healthy financial management. However, the Bureau also requires transparency and accountability when using sensitive financial data.
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