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17 Feb 2017, 6:26 pm by Brianna Smith
The post New GOP Bills Attack the Consumer Financial Protection Bureau appeared first on Legal Reader. [read post]
17 Feb 2017, 5:46 am
Taken together, the senior policy-makers at the Federal Reserve, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau have been far more impactful on the regulatory environment than Dodd-Frank. [read post]
16 Feb 2017, 9:30 pm by Justin S. Daniel
Senator Ted Cruz (R-Texas) and Representative John Ratcliffe (R-Texas) introduced legislation that would eliminate the Consumer Financial Protection Bureau (CFPB) by repealing the section of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) that establishes the agency. [read post]
16 Feb 2017, 4:58 am by SHG
going after Elizabeth Warren’s precious baby, the Consumer Financial Protection Bureau. [read post]
The Consumer Financial Protection Bureau (CFPB) has altered the small-dollar landscape in recent years, taking what was chiefly a state-regulated activity and making it a federal priority. [read post]
14 Feb 2017, 5:32 pm by Kevin LaCroix
The draft proposed bill, known in its current form as the Financial Choice Act 2.0 (to distinguish the current draft from a version that circulated last year) incorporates measures relating to the banking provisions, the Consumer Financial Protection Bureau, compensation, and corporate governance matters, as detailed in the blog post. [read post]
13 Feb 2017, 4:03 pm by Joshua Davey and Kevin Denny
On January 11, 2017, a trio of Republican Senators introduced a bill that would change the leadership structure of the Consumer Financial Protection Bureau (“CFPB”) from a single director to a five-member bipartisan “Board of Directors. [read post]
10 Feb 2017, 11:39 am by Alan S. Kaplinsky and Daniel L. Delnero
The proposed changes would, however, affect key features of the Dodd-Frank Act, including capital requirements, stress tests, and the Consumer Financial Protection Bureau (“CFPB”). [read post]
10 Feb 2017, 6:30 am by Joy Waltemath
It applies to executive agencies, which include the departments in the cabinet and agencies within departments, but not to independent agencies—they do not answer to the president—including the Federal Communications Commission, the Federal Trade Commission, and the Consumer Financial Protection Bureau. [read post]
9 Feb 2017, 9:30 pm by Justin Daniel
Notably, the legislation would reportedly place the Director of the Consumer Financial Protection Bureau—which is currently an independent agency—under direct control of the President, rather than replacing the Director with a bipartisan commission, as earlier versions of the legislation called for. [read post]
9 Feb 2017, 2:16 pm by Alan S. Kaplinsky and Mark J. Levin
  First and foremost, the benefit of class settlements to consumers is very much an open question, yet the Bureau appears to have chosen a side while failing to fully consider the ramifications and effect on protections afforded consumers. [read post]
9 Feb 2017, 8:51 am by Elizabeth A. Khalil
Uncertainty remains on matters such as the fate of the Dodd-Frank Act of 2010 and the many programs and regulations created under that law, including the Financial Stability Oversight Counsel (FSOC), the Consumer Financial Protection Bureau (CFPB), and the regulations for which the CFPB is responsible. [read post]
8 Feb 2017, 11:23 am by WOLFGANG DEMINO
 – Today the Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot highlighting consumer complaints about mortgages. [read post]
8 Feb 2017, 11:20 am by WOLFGANG DEMINO
 – The Consumer Financial Protection Bureau today took action against a ring of law firms and attorneys who collaborated to charge illegal fees to consumers seeking debt relief. [read post]
8 Feb 2017, 10:33 am by James Brandell and Andrew J. Buczek
CFPB Reform The Consumer Financial Protection Bureau has been frequently criticized by Republicans on Capitol Hill and several industry stakeholders for its prolific rulemaking and aggressive enforcement actions. [read post]
8 Feb 2017, 10:10 am by Akira Tomlinson
The New York Attorney General and the Consumer Financial Protection Bureau (CFPB) [official website] filed a lawsuit [complaint, PDF] on Tuesday against RD Legal Funding, LLC [official website] and founder/owner Roni Dersovitz for allegedly scamming 9/11 first responders and NFL concussion victims out of money intended to cover medical costs, lost income and other critical personal needs. [read post]
7 Feb 2017, 9:32 am by Peter N. Cubita
” The CFPB and its advocates would vigorously contest the assertion that the Bureau has not adequately protected consumers, and some already have done so in response to the issuance of the Executive Order. [read post]
7 Feb 2017, 8:00 am by Andrew Kent
Presidential authority over agency heads is much more legally complicated in the case of so-called independent agencies, such as the Federal Trade Commission, Federal Communications Commission, National Labor Relations Board, or Consumer Financial Protection Bureau. [read post]
 Originally signed into law in 2010 during the Obama Administration, Dodd-Frank imposed sweeping regulatory reforms on the financial industry and created the Consumer Financial Protection Bureau (CFPB). [read post]
7 Feb 2017, 12:00 am by SHanson
A report by the Consumer Financial Protection Bureau found consumers feel threatened by collectors. [read post]