CFPB

CFPB
CFPB Court Hearing: What To Expect
May 23, 2017

The Consumer Financial Protection Bureau (CFPB) will see a federal appeals court hear oral arguments later this week on the constitutionality of the government watchdog in the case of PHH Corp. versus CFBP. Get the Full Story Complete the form to unlock this article and...

CFPB
New Prepaid Card Rules Survived The CRA (Payday Lending Regs Might Not)
May 16, 2017

The Consumer Financial Protection Bureau’s (CFPB) rulemaking authority survived its first big challenge from the now Republican-dominated houses of Congress when an effort to use the Congressional Review Act (CRA) to repeal new rules for the prepaid card industry passed by the consumer watchdog in...

CFPB
The CFPB Is Taking A Closer Look At SMB Credit Access
May 10, 2017

After almost a decade of complaints regarding a lack of access to credit, the Consumer Finance Protection Bureau (CFPB) has announced it will launch an inquiry into the financing needs of SMBs in the U.S., according to USA Today. Get the Full Story Complete the form...

CFPB
Changes In Attitude, Changes In FinServ Regulatory Latitude
May 09, 2017

Last week was not a good week to be the CFPB or Dodd-Frank financial reforms. The House Financial Services Committee voted 34 to 26 to repeal and replace it with the Financial Choice Act and sent it to the House floor for an up or down...

CFPB
Banks Line Up To Challenge CFPB
May 08, 2017

Things are getting tougher for the Consumer Financial Protection Bureau (CFPB) under the new political administration. More banks are now willing to challenge CFPB enforcement actions, said The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
Dodd-Frank One Step Closer To Legislative Unwinding
May 05, 2017

The House Financial Services Committee has voted to send the Financial Choice Act to the full House of Representatives for a floor vote.  The majority-backed initiative represents a rollback of the Obama-era financial regulations known collectively as Dodd-Frank. Get the Full Story Complete the form...

CFPB
Republicans Look To Weaken CFPB’s Power, But Face Tough Opposition From Democrats
May 01, 2017

Ever since the Dodd-Frank Act gave the Consumer Financial Protection Bureau (CFPB) jurisdiction over just about every US business that provides some form of consumer credit, Republicans have been complaining that the agency has too much power. Get the Full Story Complete the form to...

CFPB
CFPB Slams Online Lenders
April 28, 2017

The Consumer Financial Protection Bureau (CFPB) just recently filed suit against four online lenders for allegedly collecting on consumer debts they were not legally owed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
Advocacy Group Sues US Consumer Financial Protection Bureau
April 19, 2017

Protecting consumers from credit card fraud is a massive undertaking and is something that’s not likely taken lightly by the U.S. Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...