“Big time” confusion has wracked the Consumer Financial Protection Bureau (CFPB) staff since last month, the agency’s chief ...
Elizabeth Warren, D-Mass. The CFPB's Consumer Complaint Program ‒ established in the 2010 Dodd-Frank Act that created the agency ‒ serves as a clearinghouse for consumers to submit complaints ...
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...
During a lengthy court hearing on Monday, CFPB's Chief Operating Officer Adam Martinez gave a full sworn account of the chaos and confusion that has consumed the federal agency that was set up to ...
On March 13, the CFPB filed an amended complaint against a Texas bank alleging violations of the CFPA, the EFTA, and its implementing Regulation E. The complaint related to a program in which the ...
Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plans to fire hundreds of workers remain intact, as a federal judge weighs whether to block ...
Last month, workers at the CFPB were told to stop working, effectively shutting down the agency, though that order has since been challenged by a federal judge. Although the CFPB, which is tasked ...
The "risky loans" represent 0.8% of 70,000 loans reviewed by the CFPB, according to Vanderbilt. The company told Salon it loses an average of 23% of a loan’s value if the borrower defaults ...
Now, with the CFPB on life support after the Trump administration issued a stop-work order and shuttered its headquarters, the agency finds itself with an unlikely ally: the same banks that ...