While there have long been calls on Capitol Hill to reform the CFPB with an eye toward scaling back some of its vast powers, at least two Republicans — one Senator and one Congressman — are ready to toss the whole thing on the scrap...
Representative Jeb Hensarling, the chairman of the House Financial Services Committee, is gearing up to move ahead with legislation that would greatly weaken the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Jeb Hensarling, the chairman of the House Financial Services Committee, described the Consumer Financial Protection Bureau as a so-called “rogue agency” created to be “insulated” from oversight on the part of the congress, president and voters. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau consumer complaint database, which proponents say has the biggest impact on helping American consumers, could go away under President Trump’s White House, which is aiming to dismantle a lot of the regulation put in place by former President Obama. Get...
The Consumer Financial Protection Bureau (CFPB) and the New York attorney general have filed a lawsuit against RD Legal Funding, LLC, as well as Roni Dersovitz, the company’s founder and owner, for allegedly scamming 9/11 heroes out of money they needed to cover medical costs,...
The Consumer Financial Protection Bureau announced Monday (Jan. 30) that it took action against a ring of law firms and attorneys who the government watchdog contends collaborated to charge illegal fees to consumers seeking debt relief. Get the Full Story Complete the form to unlock...
While it seems the House Financial Services Committee is getting ready to move full steam ahead on removing CFPB Executive Director Richard Cordray from his role as head of the consumer watchdog group, Democratic state officials are working on the other end to try to...
The Consumer Financial Protection Bureau announced Monday (Jan. 23) that it took separate actions against CitiFinancial Servicing and CitiMortgage for allegedly giving struggling homeowners the runaround when they were looking for options to avoid losing their homes. Get the Full Story Complete the form to...
The Consumer Financial Protection Bureau got the nod Friday (Jan. 20) from a California appeals court that it can go after Native American tribal lenders that market payday loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
