Consumer Financial Protection Bureau

Wells Fargo Balks At Auto Loan Scandal Compensation Remedy
Wells Fargo Balks At Auto Loan Scandal Compensation Remedy
November 23, 2018  |  Regulation

Wells Fargo is trying to avoid compensating all of the 600,000 drivers affected by its auto loan scandal. In June, Wells Fargo submitted a plan...

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CFPB’s Mulvaney Picks New Acting Deputy Director
CFPB’s Mulvaney Picks New Acting Deputy Director
July 10, 2018  |  CFPB

The Consumer Financial Protection Bureau announced that Brian Johnson, who currently serves as principal policy director at the Bureau, will assume the responsibilities of acting...

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Rep. Darrell Issa May Head Up CFPB
Rep. Darrell Issa May Head Up CFPB
June 15, 2018  |  CFPB

Sources are saying that Representative Darrell Issa, the Republican lawmaker from California, might be the next leader of the Consumer Financial Protection Bureau (CFPB). According...

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CFPB’s Mulvaney Could Stay Until the End of Year
CFPB’s Mulvaney Could Stay Until the End of Year
May 09, 2018  |  CFPB

The White House is stretching out the tenure of Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, by taking its time in...

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Wells Fargo About To Be Slapped With $1B Fine From CFPB, OCC
Wells Fargo About To Be Slapped With $1B Fine From CFPB, OCC
April 20, 2018  |  Security & Fraud

Wells Fargo, the embattled national bank, could be slapped with a $1 billion fine as soon as Friday (April 20), reported CNN Money. Citing a...

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Payday Lending Trade Group Sues CFPB Over Obama-Era Rule
Payday Lending Trade Group Sues CFPB Over Obama-Era Rule
April 10, 2018  |  CFPB

Community Financial Services Association of America, the payday lending trade group, filed a lawsuit against the Consumer Financial Protection Bureau to stop a regulation put...

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Mulvaney Says CFPB Is Too Powerful
Mulvaney Says CFPB Is Too Powerful
April 03, 2018  |  CFPB

CFPB Acting Director Mick Mulvaney offered up the agency’s first semi-annual report under his tenure. Other than saying the agency is “too powerful” and offering...

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Bankers To CFPB: Help Us Help Families In Need
Bankers To CFPB: Help Us Help Families In Need
September 28, 2017  |  Bank Regulation

By now, the sobering statistics are familiar: Nearly half of American adults say they could not cover an unexpected expense of $400, according to the...

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Today in Data: AmEx’s $96M Discriminatory Payout
Today in Data: AmEx’s $96M Discriminatory Payout
August 24, 2017  |  Today In Data

Fair practices among credit card companies are determined by the Federal Trade Commission. Most of the time, companies abide by the rules, but every now...

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