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19 May 2023, 4:10 am by Corey Scher and Edward J. Cyran
  The Consumer Financial Protection Bureau (“CFPB”) is a federal agency charged with implementing and enforcing federal consumer financial laws in effort to ensure markets for consumer financial products are fair, transparent, and competitive. [read post]
18 May 2023, 9:01 pm by renholding
These consumers would continue to benefit from the stronger protections provided by their state law. [read post]
18 May 2023, 11:18 am by Loran Kilson
The Consumer Financial Protection Bureau (CFPB) published a Small Entity Compliance Guide (“Guide”) covering the amendments to the Equal Credit Opportunity Act (ECOA) and Regulation B, which implement requirements of Section 1071 of Dodd-Frank. [read post]
15 May 2023, 4:13 pm by Adam Levitin
Consumer Financial Protection Bureau, dealing with the constitutionality of the CFPB's funding mechanism. [read post]
15 May 2023, 11:15 am by Rhoda Feng
Helping pass Wall Street reform and creating the Consumer Financial Protection Bureau. [read post]
15 May 2023, 9:12 am by The Regulatory Review Staff
August 10, 2022 | Including Tribal Communities in Conservation Efforts | Authors of recent paper argue that the Bureau of Land Management should heed input from tribes. [read post]
The Consumer Financial Protection Bureau (“CFPB”) received more than 225 public comments to its credit card late fee proposal (the “Proposed Rule”). [read post]
11 May 2023, 9:05 pm by Nabil Shaikh
The Consumer Financial Protection Bureau (CFPB) released guidance clarifying that a bank cannot reopen an account to process transaction fees after a customer has already closed the account. [read post]
11 May 2023, 10:36 am by Elliot Johnson
The Consumer Financial Protection Bureau (“CFPB”) recently issued advisory guidance on the enforcement of time-barred mortgage loans. [read post]
10 May 2023, 10:42 am by Alaap B. Shah
 Recently, a joint statement issued by Chairperson Khan together with the heads of the Equal Employment Opportunity Commission, Consumer Financial Protection Bureau, and Department of Justice Civil Rights Division, highlighted their intent to monitor the use of automated systems for potential discrimination harms. [read post]
Auriemma Roundtables, a leading provider of business intelligence solutions to the consumer finance industry, together with First National Bank of Omaha and a group of several other premier consumer financial services firms, has filed a comment (the “Auriemma Roundtables Comment”) on the credit card penalty fees proposal (the “Proposed Rule”) issued by the Consumer Financial Protection Bureau (CFPB). [read post]
9 May 2023, 5:16 am by Mark MacCarthy
In a recent update, the White House’s Office of Science and Technology Policy rolled out a blueprint of AI initiatives in agencies across the government including the Department of Labor, the Equal Employment Opportunity Commission, the Federal Trade Commission (FTC), and the Consumer Financial Protection Bureau. [read post]
 More recently, we reported that on April 25, 2023, the Equal Employment Opportunity Commission, Consumer Financial Protection Bureau, Justice Department’s Civil Rights Division, and the Federal Trade Commission issued a “Joint Statement on Enforcement Efforts Against Discrimination and Bias in Automated System,” in which the federal agencies resolved to vigorously enforce their collective existing legal authorities and to monitor the… [read post]
5 May 2023, 7:24 am by Patrick Muffo
Joint Statement The Consumer Financial Protection Bureau (CFPB), the Justice Department’s Civil Rights Division, the Equal Employment Opportunity Commission (EEOC), and the Federal Trade Commission (FTC) released a Joint Statement on Enforcement Efforts Against Discrimination and Bias in Automated Systems (“Joint Statement,” found here). [read post]
4 May 2023, 7:49 am by jeffreynewmanadmin
The Consumer Financial Protection Bureau ordered the bank to pay $2 billion in consumer redress and a $1.7-billion civil penalty, which is the largest fine the CFPB has ever levied against a single financial institution. [read post]
The potential threats stemming from the use of AI systems could affect cybersecurity, fair competition, consumer protection, equal opportunity, and civil rights. [read post]
1 May 2023, 12:16 pm by Susan Haines
On March 7, 2023, the National Labor Relations Board (NLRB) and the Consumer Financial Protection Bureau (CFPB) signed a Memorandum of Understanding (“CFPB MOU”) that created a formal partnership between the two agencies. [read post]
The potential threats stemming from the use of AI systems could affect cybersecurity, fair competition, consumer protection, equal opportunity, and civil rights. [read post]