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29 Aug 2018, 1:02 pm
Consumer Financial Protection Bureau resigned his post. [read post]
28 Aug 2018, 10:00 am
Plus, the Consumer Financial Protection Bureau is also suing Navient, accusing the servicer of misleading borrowers, failing to act on borrower complaints and harming the credit of disabled borrowers. [read post]
28 Aug 2018, 9:52 am
On August 10, 2018, the Bureau of Consumer Financial Protection (the “Bureau”) announced that it had finalized amendments to the Gramm-Leach-Bliley Act (“GLBA”) regulations implementing a statutory change that provides an exemption for certain financial institutions from the GLBA requirement to deliver an annual privacy notice to their customers. [read post]
22 Aug 2018, 9:01 pm
The difference is that Trump’s supporters have decided to stand by a person who is making life worse for everyone, including themselves.In any event, leaders like Warren look at the current situation and say that we do not need to abandon the good things about our current system of mixed capitalism, because we can adjust various rules like labor laws, consumer and environmental protections, and so on to change the outcomes in competitive capitalist markets.The Accountable… [read post]
22 Aug 2018, 1:04 pm
While this failure has left the U.S. unprepared to protect the 2018 elections, there is still a chance to defend American democracy in 2020. [read post]
22 Aug 2018, 1:04 pm
While this failure has left the U.S. unprepared to protect the 2018 elections, there is still a chance to defend American democracy in 2020. [read post]
22 Aug 2018, 7:06 am
Contact the Consumer Financial Protection Bureau to learn more about the risks involved. [read post]
21 Aug 2018, 6:49 am
The Treasury suggests that the Bureau of Consumer Financial Protection (BCFP) should develop, either with the private sector or pursuant to its rulemaking authority, consumer-facing disclosures that are “plain language, readily accessible, readable through the preferred device used by consumers to access services… so that consumers can give informed and affirmative consent regarding to whom they are granting access, what… [read post]
20 Aug 2018, 2:51 pm
On August 10, 2018, the Bureau of Consumer Financial Protection released a final rule which “finalized amendments to implement legislation that allows financial institutions that meet certain requirements to be exempt from sending annual privacy notices to their customers. [read post]
17 Aug 2018, 10:17 am
The letter, signed by all 49 Democratic Senators, takes the position that the CFPB has statutory authority to conduct examinations for MLA compliance: We write regarding reports that the Consumer Financial Protection Bureau (CFPB) will no longer protect servicemembers and their families by including the Military Lending Act (MLA) as part of the CFPB’s routine lender examinations due to a purported lack of authority. [read post]
16 Aug 2018, 8:04 pm
John Pomfret, a former Washington Post bureau chief in Beijing, is the author of The Beautiful Country and the Middle Kingdom: America and China, 1776 to the Present,” who on August 3, 2018, published a short essay in the Washington Post worth reading. [read post]
14 Aug 2018, 9:01 pm
Because Warren wanted to change the laws governing Wall Street in a way that Republicans’ biggest financial donors did not like, she was branded a socialist and anti-business.Yet that simply was not true. [read post]
14 Aug 2018, 11:38 am
Consumer Financial Protection Bureau, Rogers, joined by Pillard, dismissed a challenge to the CFPB’s authority on standing grounds. [read post]
14 Aug 2018, 6:39 am
Sections 1024(b)(1)(A) and 1025(b)(1)(A) of the Consumer Financial Protection Act (CFPA) provide that the CFPB shall conduct examinations of covered persons to assess compliance with the requirements of “Federal consumer financial laws. [read post]
14 Aug 2018, 5:17 am
The CFPB alleged that the defendants had engaged in deceptive and unfair acts or practices in violation of the Consumer Financial Protection Act as well as violations of the Truth in Lending Act and the Electronic Fund Transfer Act. [read post]
9 Aug 2018, 9:30 pm
Bureau of Consumer Financial Protection (BCFP), the United Kingdom’s (UK) Financial Conduct Authority, and 10 other international regulators announced the creation of the Global Financial Innovation Network (GFIN). [read post]
8 Aug 2018, 7:25 am
Consumer Financial Protection Bureau: a panel opinion declaring an aspect of the bureau to be unconstitutional and an opinion dissenting from the en banc U.S. [read post]
7 Aug 2018, 12:10 pm
The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency have imposed fines of over $1 billion on Wells for bad mortgage and auto-lending practices. [read post]
7 Aug 2018, 9:31 am
Applicants must provide details regarding the innovative financial product or service, the testing plan, a “Consumer Protection Plan,” and exit plan. [read post]
7 Aug 2018, 8:12 am
Here are the materials in Consumer Financial Protection Bureau v. [read post]
