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27 Nov 2017, 12:12 pm by Wendy Angus-Anderson
As one of his final actions before resigning last Friday from the Consumer Financial Protection Bureau, Director Richard Cordray sent letters to the chief executives of 29 banks, credit unions, and other financial companies urging them to help their customers attain greater control over their financial lives. [read post]
27 Nov 2017, 11:13 am by Steven D. Schwinn
Schwinn, John Marshall Law School As has been widely reported, two acting directors of the Consumer Financial Protection Bureau showed up for work today. [read post]
27 Nov 2017, 10:00 am by The Sader Law Firm
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Freedom Debt Relief, the largest debt settlement company in the United States. [read post]
27 Nov 2017, 7:35 am by Akira Tomlinson
Former chief of staff Leandra English filed a suit [complaint] on Sunday in the US District Court for the District of Columbia [official website] against the Trump administration over the currently vacant director position at the Consumer Financial Protection Bureau (CFPB) [official website], to which US President Donald Trump seeks to name budget director Mick Mulvaney as acting director. [read post]
27 Nov 2017, 7:11 am by Doug Cornelius
Code § 5491 – Establishment of the Bureau of Consumer Financial Protection [read post]
27 Nov 2017, 5:39 am by Staci Zaretsky
[Law Newz] * The DOJ says Trump can appoint the interim director of the Consumer Financial Protection Bureau under the Federal Vacancies Act, but the Dodd-Frank Act says the deputy director will head the agency in the absence of a permanent director. [read post]
27 Nov 2017, 4:00 am by Matthew Kahn
(It bears mentioning that the exclusivity provision is part of the basis for the current dispute over the leadership of the Consumer Financial Protection Bureau.) [read post]
26 Nov 2017, 9:02 pm by Tom Smith
The deputy director of the Consumer Financial Protection Bureau (CFPB) on Sunday night sued President Trump in order to block Office of Management and Budget Director Mick MulvaneyJohn (Mick) Michael MulvaneyCordray's legacy of consumer protection worth defending Mulvaney: Pass-through entities need to be addressed in tax reform Mulvaney: Accusations against Moore 'credible' MORE from taking over as acting director of the… [read post]
26 Nov 2017, 8:23 pm by Jonathan H. Adler
Last Friday, Richard Cordray stepped down as Director of the Consumer Financial Protection Bureau (CFPB). [read post]
26 Nov 2017, 8:20 am by Sabrina I. Pacifici
” The Hill: “The Justice Department released a memo on Saturday arguing that it is well within President Trump’s authority to appoint White House budget chief Mick Mulvaney as the interim director of the Consumer Financial Protection Bureau (CFPB). [read post]
26 Nov 2017, 5:35 am by Marty Lederman
Richard Cordray resigned as Director of the Consumer Financial Protection Bureau (CFPB) on Friday evening. [read post]
25 Nov 2017, 5:44 pm by Steven D. Schwinn
Schwinn, John Marshall Law School The Office of Legal Counsel issued a memo on Saturday concluding that the President had authority to appoint OMB Director Mick Mulvaney as acting head of the Consumer Financial Protection Bureau, even though... [read post]
25 Nov 2017, 7:41 am by Sam Bray
(Jabin Botsford/The Washington Post) Who is the acting director of the Consumer Financial Protection Bureau? [read post]
25 Nov 2017, 4:42 am
Leandra English, Deputy Director and Acting Director, Consumer Financial Protection Bureau, Plaintiff, v. [read post]
24 Nov 2017, 8:00 pm by Adam Levitin
   First, there's the problem that it's hard, nay impossible, to read the Federal Vacancies Reform Act and Consumer Financial Protection Act and the relevant legislative history and come away thinking that the FVRA clearly controls. [read post]
22 Nov 2017, 5:17 pm by SHanson
Government has been working to crack down on lenders via the Consumer Financial Protection Bureau who has renewed efforts to enlist laws that require the lenders to check a consumer’s ability to pay back the loan before handing over the cash. [read post]
22 Nov 2017, 7:55 am by Dean I. Weitzman, Esq.
“By defeating the rule, Republicans are dismantling a major effort of the Consumer Financial Protection Bureau, the watchdog created by Congress in the aftermath of the mortgage mess. [read post]
22 Nov 2017, 6:27 am by Brian Slagle
Indirect Auto Finance: Matthew Nixon, Program Director of the NCUA’s Office of Consumer Financial Protection and Access, refused to state whether the NCUA will focus on any “hot topic” fair lending issues in 2018, but noted that it anticipates examinations will reflect the agency’s current focal points—45% related to specific concerns noted by district examiners or regional offices, 20% related to pricing disparities, 30% related to HMDA data… [read post]
22 Nov 2017, 3:30 am by Brian Bix
Arbitration was also recently in the news when the Republican Congress and the current President combined to overturn a Consumer Financial Protection Bureau rule that would have limited use of such provisions in financial documents. [read post]
21 Nov 2017, 3:44 pm by Sabrina I. Pacifici
The Intercept – “As soon as Richard Cordray, the current director of the Consumer Financial Protection Bureau, officially resigns — which could happen as soon as this week — we are told President Donald Trump will choose Mick Mulvaney, the current director of the Office of Management and Budget, to run the CFPB on a temporary basis. [read post]