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14 Dec 2021, 6:46 am
It states: In this regulatory agenda the Bureau is prioritizing the continuation of certain ongoing rulemakings that further the Bureau’s consumer financial protection mission and help to advance the country’s economic recovery from the financial crisis related to the COVID-19 pandemic. [read post]
13 Dec 2021, 8:03 am
” The report does not characterize the causes of the violations found by examiners, and even consumer financial protection laws recognize that violations can occur despite good faith compliance efforts. [read post]
13 Dec 2021, 6:50 am
As consumer protection lawyers, we focus on the financial and credit implications that arise from family theft, not potential criminal charges. [read post]
9 Dec 2021, 3:00 am
” Indicated that he has directed CFPB staff to “explore ways that states could be able to get more out of the remedies available under the [CFPA]” as a way of encouraging more state enforcement of federal consumer financial protection laws. [read post]
8 Dec 2021, 10:05 am
While the sentiment of equality was well received by the Attorneys General, in a later session Rohit Chopra, the new Director of the Consumer Financial Protection Bureau, acknowledged that historically, some federal agencies have seen things differently. [read post]
8 Dec 2021, 9:23 am
In 2021, the Consumer Financial Protection Bureau (CFPB) enacted two “Final Rules”, marking the first update to the 44 year old legislation. [read post]
6 Dec 2021, 2:33 pm
Thursday, Dec. 9, 2021, at 10:30 a.m.: The House Energy and Commerce Subcommittee on Consumer Protection and Commerce Subcommittee will hold a hearing on holding Big Tech accountable and legislation to build a safer internet. [read post]
6 Dec 2021, 11:27 am
The Consumer Financial Protection Bureau estimates banks made over $15 billion in overdraft and non-sufficient fund (NSF) fees in 2019- a number that has only increased in the preceding years. [read post]
6 Dec 2021, 8:34 am
Correct your credit reports by writing to each bureau. [read post]
6 Dec 2021, 8:07 am
” Ominously, in words that apply not just to bankers structuring overdraft programs but to all executives managing consumer financial services programs, he warned: “The CFPB will also seek to uncover the individuals who directed any illegal conduct. [read post]
3 Dec 2021, 9:49 am
Biden Considering Cordray for Top Fed Bank Regulator Role: ReportThe Hill – November 30, 2021 President Biden is reportedly considering nominating former Consumer Financial Protection Bureau (CFPB) Director Richard Cordray as the Federal Reserve’s top banking regulator. [read post]
3 Dec 2021, 9:49 am
Biden Considering Cordray for Top Fed Bank Regulator Role: ReportThe Hill – November 30, 2021 President Biden is reportedly considering nominating former Consumer Financial Protection Bureau (CFPB) Director Richard Cordray as the Federal Reserve’s top banking regulator. [read post]
2 Dec 2021, 10:04 am
The Taskforce released its report making recommendations on how to improve consumer protection in the financial marketplace in January 2021. [read post]
2 Dec 2021, 7:25 am
Chris Willis, Co-Chair of Ballard Spahr’s Consumer Financial Services Group, hosts the conversation. [read post]
1 Dec 2021, 11:53 am
The list was created in the late 1990s to address weapons proliferation, but it has since evolved into a general tool to protect U.S. security and economic interests. [read post]
29 Nov 2021, 1:05 pm
The committee will hear testimony from Molly Phee, assistant secretary at the bureau of African affairs at the Department of State, and Diana Putman, senior deputy assistant administrator at the Africa bureau for Office of Development Planning at the U.S. [read post]
29 Nov 2021, 9:40 am
The MVN, as published by the Consumer Financial Protection Bureau, can be found here. [read post]
23 Nov 2021, 12:33 pm
Specifically, as soon as she found the problem, Betty jumped into action and: Contacted Citi within 24 hours of realizing the fraud, Filed a local police report, Filed an FBI complaint, Completed an identity theft report with the Federal Trade Commission, Prepared a consumer complaint with the New York Department of Financial Services, and Notified the Consumer Financial… [read post]
23 Nov 2021, 12:33 pm
Specifically, as soon as she found the problem, Betty jumped into action and: Contacted Citi within 24 hours of realizing the fraud, Filed a local police report, Filed an FBI complaint, Completed an identity theft report with the Federal Trade Commission, Prepared a consumer complaint with the New York Department of Financial Services, and Notified the… [read post]
22 Nov 2021, 10:24 am
Our team protects consumers from unlawful credit reporting, identity theft, and the devastating actions of creditors and financial institutions that can cause extensive financial harm. [read post]
