Richard Cordray

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,...

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The CFPB Criticizes Increase In Long-Term Auto Loans
The CFPB Criticizes Increase In Long-Term Auto Loans
November 02, 2017  |  CFPB

According to the latest report by the Consumer Financial Protection Bureau (CFPB), long-term auto loans are on the rise. The CFPB’s data finds that 42...

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Senate Votes To Strike Down CFPB Arbitration Rule
Senate Votes To Strike Down CFPB Arbitration Rule
October 24, 2017  |  CFPB

The arbitration clause rule has been formally smacked down by the U.S. Senate — after the 50-50 tie vote was broken by VP Mike Pence....

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CFPB Releases New Principles For Data Sharing
CFPB Releases New Principles For Data Sharing
October 19, 2017  |  CFPB

Facing a world where data aggregation has become increasingly complex and dangerous, the CFPB has released a series of non-binding principles that are designed to...

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CFPB Has Spoken: Payday Lending Regs Drop
CFPB Has Spoken: Payday Lending Regs Drop
October 06, 2017  |  Bank Regulation

“The clamp down.” “The crackdown.” “The crushing blow.” Headline writers found no shortage of dramatic ways to characterize the final version of the CFPB’s short-term lending...

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CFPB Has Spoken: Payday Lending Regs Drop
CFPB Has Spoken: Payday Lending Regs Drop
October 06, 2017  |  Bank Regulation

“The clamp down.” “The crackdown.” “The crushing blow.” Headline writers found no shortage of dramatic ways to characterize the final version of the CFPB’s short-term lending...

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The CFPB Needs To Improve Its Cybersecurity, According To An Internal Investigation
The CFPB Needs To Improve Its Cybersecurity, According To An Internal Investigation
October 05, 2017  |  Security & Fraud

According to a report from the Consumer Financial Protection Bureau’s internal inspector, the CFPB must do more to strengthen its protections against hacking. The CFPB —...

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CFPB’s Change Of Payday Lending’s Heart?
CFPB’s Change Of Payday Lending’s Heart?
August 29, 2017  |  Alternative Finances

The final payday lending rules are coming, but reporting by The Wall Street Journal over the weekend suggests that they may not take quite the toll on...

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CFPB Could Scale Back Payday Lending Rule To Get It Done
CFPB Could Scale Back Payday Lending Rule To Get It Done
August 28, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau is gearing up to scale back its rule on payday lending, giving the industry a  potential break from oversight. According...

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