CFPB

CFPB Director Dispute Is Going To Court
CFPB Director Dispute Is Going To Court
November 27, 2017  |  Personnel

The Consumer Financial Protection Bureau’s departing president, Richard Cordray, created uncertainty surrounding the leadership of the government watchdog after naming a temporary director. And now,...

READ MORE >
CFPB Arbitration Rule Officially Dead
CFPB Arbitration Rule Officially Dead
November 23, 2017  |  CFPB

Null and void. The Consumer Financial Protection Bureau (CFPB)’s much debated, loved and hated arbitration rule has been officially killed through the rule’s being struck...

READ MORE >
Cordray Tells Bank CEOs To Give More Control To Consumers
Cordray Tells Bank CEOs To Give More Control To Consumers
November 22, 2017  |  CFPB

Although he is due to resign next week, Richard Cordray, the director of the Consumer Financial Protection Bureau, still wants his opinion to be heard....

READ MORE >
CFPB Hits Citibank With Fine Over Student Loan Servicing
CFPB Hits Citibank With Fine Over Student Loan Servicing
November 22, 2017  |  Banking

The Consumer Financial Protection Bureau (CFPB) announced Tuesday (Nov. 21) it has taken enforcement action against Citibank for what the government watchdog said were failures...

READ MORE >
Conduent, Formerly Xerox Business Services, Fined By The CFPB
Conduent, Formerly Xerox Business Services, Fined By The CFPB
November 21, 2017  |  CFPB

The Consumer Finance Protection Bureau has announced a fine against Xerox Business Services, currently known as Conduent Business Services.  The $1.1 million fine was assessed...

READ MORE >
Trump Places OMB Head Mick Mulvaney As Interim CFPB Head
Trump Places OMB Head Mick Mulvaney As Interim CFPB Head
November 17, 2017  |  CFPB

In the wake of Richard Cordray stepping down from the Consumer Financial Protection Bureau (CFPB), President Donald Trump has tapped White House budget director Mick...

READ MORE >
Congress Reacts to Cordray’s Departure
Congress Reacts to Cordray’s Departure
November 16, 2017  |  CFPB

Consumer Financial Protection Bureau (CFPB) Chief Richard Cordray is resigning from his position as soon as the end of this month. According to news from CNBC,...

READ MORE >
The CFPB Wants More Data On Free Credit Scoring Sites
The CFPB Wants More Data On Free Credit Scoring Sites
November 14, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is looking for more information on consumers’ experiences with using sites that promise free access to a credit score....

READ MORE >
President Trump Seals The Arbitration Deal
President Trump Seals The Arbitration Deal
November 02, 2017  |  CFPB

The White House announced that President Donald Trump signed a Congressional resolution allowing banks to block customers from filing class-action lawsuits. According to news from...

READ MORE >