It looks like the fight over who will lead the Consumer Financial Protection Bureau (CFPB) is coming to an end, as a federal appeals court agreed to expedite the appeal seeking to unseat acting Director Mick Mulvaney. According to American Banker, after District Court Judge...
Mick Mulvaney — the White House’s head of the Office of Budget and Management and the interim director of the CFPB (barring a court ruling that changes that) — has a new mission for the government agency that he is temporarily in charge of. We...
Mick Mulvaney, President Donald Trump’s appointed acting director of the Consumer Financial Protection Bureau (CFPB), did not request any funding for the watchdog agency in the second quarter budget. A report in the Associated Press cited a letter Mulvaney sent to the Federal Reserve — the government...
The Consumer Financial Protection Bureau (CFPB) under Acting Director Mick Mulvaney is seeking out public comment to ascertain if the government watchdog agency is fulfilling its mission. In a press release issued on Wednesday (Jan. 17), the CFPB said it is issuing a “call for...
Equifax may be working to rebuild its reputation after a massive data breach exposed the information of millions of its customers, but the public still has a lot to say about the company. They’re turned to the Consumer Financial Protection Bureau (CFPB) to complain in...
Acting head of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, is coming under fire by Senator Elizabeth Warren over limits placed on staff members to access or acquire digital data. Shortly after Mulvaney was appointed acting director by President Donald Trump, Mulvaney instituted a...
The top Democrat on the Senate Banking Committee is imploring the Trump administration to support the Consumer Financial Protection Bureau’s ruling against PHH Corporation. According to American Banker, PHH, a New Jersey-based mortgage lender and servicer, agreed to pay $31 million to consumers as part...
National Credit Union Administration (NCUA) chairman J. Mark McWatters is in the running to be named the next leader of the Consumer Financial Protection Bureau (CFPB), according to Thursday (Dec. 28) reports from American Banker. Appointing McWatters could reduce the fight between Democrats and Republicans...
December 2017 is something of an anniversary for Americans – though one they probably don’t like to celebrate. Exactly one decade ago, the Great Recession officially began with the bursting of the $8 trillion real estate bubble. Almost overnight, housing prices crashed, the credit markets dried...
