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 deputy director. “Brian Johnson is the first person I hired at the Bureau and has been an indispensable advisor,” Acting...
The acting director of the Consumer Financial Protection Bureau has cut a fine against payday lenders in half, as well as dropped some of the agency’s earlier claims in the case. Mick Mulvaney fined South Carolina-based lender Security Finance $5 million for harassing borrowers when...
House Minority Leader Nancy Pelosi has criticized President Trump’s reported pick to head the Consumer Financial Protection Bureau (CFPB), saying that Republicans are more concerned about the interests of banks and financial firms than consumers. “The Trump Administration’s nominee to lead the Bureau has an...
In an effort to roll back more oversight powers of the Consumer Financial Protection Bureau (CFPB), the White House is nominating a budget official to serve as the watchdog agency’s next director. According to a report in The Washington Post, Kathy Kraninger was nominated to...
February 16, 2018
Tempest in a (meal) box? Attention turned to meal kits as the government invoked “Blue Apron” as a model of sorts for a new food stamp initiative. Turns out the real Blue Apron has its hands full, too, in a hypercompetitive market where subscribers are leaving in droves.
March 08, 2019
The Consumer Financial Protection Bureau came under fire from the House Financial Services Committee, which is now controlled by Democrats, during a hearing Thursday (March 8). According to a report in the Associated Press, during the hearing Committee Chair Rep. Maxine Waters argued the Trump-appointed leadership is trying to undermine the agency’s mission. According to […]
July 10, 2018
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 deputy director. “Brian Johnson is...
June 29, 2018
The acting director of the Consumer Financial Protection Bureau has cut a fine against payday lenders in half, as well as dropped some of the agency’s earlier claims in the...
June 19, 2018
House Minority Leader Nancy Pelosi has criticized President Trump’s reported pick to head the Consumer Financial Protection Bureau (CFPB), saying that Republicans are more concerned about the interests of banks...
