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1 Jan 2021, 12:30 pm by John Ross
They still have to respond to a civil investigative demand from the Consumer Financial Protection Bureau, but they can rest easy knowing that the person running the CFPB can be fired without cause. [read post]
13 Aug 2012, 2:53 pm by Nick Beermann
 In light of the Dodd Frank Act, the FTC now shares FCRA enforcement jurisdiction with the Consumer Financial Protection Bureau. [read post]
24 Jun 2022, 9:58 am by Zak Gowen
CFPB Wants to Use Banks’ Revenue Data to Change Card Late FeesPYMNTS – June 23, 2022 The Consumer Financial Protection Bureau (CFPB) took its first step yesterday, June 22, to change the regulation affecting credit card late fees. [read post]
24 Jun 2022, 7:23 am by Anna Armstrong
CFPB Wants to Use Banks’ Revenue Data to Change Card Late FeesPYMNTS – June 23, 2022 The Consumer Financial Protection Bureau (CFPB) took its first step yesterday, June 22, to change the regulation affecting credit card late fees. [read post]
 In such cases, even where the employer is able to demonstrate that its claimed business need for the surveillance practice outweighs employees’ Section 7 rights, the GC is urging the Board to require employers to disclose to employees the technologies it uses to monitor and manage them, the reasons for doing so, and how the information obtained is being used, unless the employer demonstrates that special circumstances require covert use of the technologies.The GC has further urged the… [read post]
25 Jul 2016, 9:44 am by Ray Garcia
The 43% Rule for Qualified Mortgages The Consumer Financial Protection Bureau (CFPB) was formed as a response to the Great Recession of 2007 – 2009, which was caused in large part by reckless mortgage lending practices. [read post]
25 Jul 2016, 12:47 pm by John L. Culhane, Jr.
”  He noted that the CFPB “also remain[s] committed to taking immediate action to protect consumers in this market, and we will use our enforcement and supervisory tools to address illegal student loan servicing practices. [read post]
4 May 2010, 8:28 pm by Berin Szoka
Practical Problems What’s particularly puzzling about this proposal is that it presumes that the credit scores generated by the credit bureaus are the all-powerful, static and universal numbers that rule our financial lives. [read post]
26 Nov 2019, 6:41 pm by Norma Duenas
Bankruptcy does not protect you from criminal procedures at any of its stages. [read post]
23 May 2016, 9:16 am by Barbara S. Mishkin
”  The CFPB’s proposed rule would prohibit covered providers of certain consumer financial products and services from using an agreement with a consumer that provides for arbitration of any future dispute between the parties to bar the consumer from filing or participating in a class action with respect to the covered consumer financial product or service. [read post]
9 Jul 2020, 1:48 pm by Amy Howe
The court ruled earlier this term that the Consumer Financial Protection Bureau’s similar structure is unconstitutional; the challengers have asked the justices to weigh in on what the remedy should be if the FHFA’s structure is also unconstitutional. [read post]
25 Jul 2023, 11:19 am by Joseph Perkins
Regulators in the U.S. from the Federal Trade Commission and the Consumer Financial Protection Bureau, along with state attorneys-general, enforce rules to ensure advertisements and public statements do not contain (among other things) statements or promises that are false, misleading, or deceptive. [read post]
14 Jun 2012, 7:07 pm by Mandelman
STATE OF NEVADA GOVERNMENT RESOURCES: Nevada Department of Administration Budget Division Nevada Department of Business & Industry Terry Johnson, Director Consumer Affairs Division Nevada Division of Insurance Nevada Department of Taxation Nevada Attorney General Catherine Cortez Masto Nevada Bureau of Consumer Protection Nevada First Lady Kathleen Sandoval Nevada Governor Brian Sandoval Nevada Legislative Assembly John Oceguera, Speaker Assembly Member… [read post]
5 Mar 2014, 4:05 am by John Delaney
  He explains that mobile payments can fall under a variety of federal banking laws and agencies ranging from the Federal Deposit Insurance Corp. to the Consumer Financial Protection Bureau. [read post]
The August 1 meeting brought together a number of different agencies to discuss their actions to lower prices for Americans, including the FTC and the DOJ, the Consumer Financial Protection Bureau (CFPB), the U.S. [read post]
3 Nov 2015, 6:52 am by Neomi Rao (guest-blogging)
Al Franken said at a Senate hearing when explaining that the Consumer Financial Protection Bureau was accountable to Congress. [read post]
12 Jan 2015, 11:55 am
Williams suggests that medical bills are not paid because people do not understand them (as cited in a recent report by the Consumer Financial Protection Bureau). [read post]
15 Sep 2021, 11:13 am by Leonard L. Gordon and Alexandra Megaris
On Monday, President Biden nominated Georgetown Law Professor Alvaro Bedoya, an online privacy expert, to replace Commissioner Chopra, who has been tapped to lead the Consumer Financial Protection Bureau. [read post]
20 Jun 2022, 5:36 am by Daniel Kaufman
At the outset of her tenure, she had a Democratic majority, which ended in October 2021 when former Commissioner Rohit Chopra departed the FTC to take over as director of the Consumer Financial Protection Bureau. [read post]