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Cfpb

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  1. Press: Why did the Consumer Financial Protection Bureau fire us?
    The Consumer Financial Protection Bureau is being gutted from the inside out. Created in 2010 after the Great Recession, during which the typical American household lost one-third of its wealth, the bureau was established to… | Jun 09, 2018
  2. Press: Mulvaney fires all 25 members of consumer watchdog’s advisory board
    Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, fired the agency’s 25-member advisory board, days after some of its members criticized his leadership of the watchdog agency. The CFPB said it will revamp… | Jun 07, 2018
  3. Press: Many home loan applications get denied. For blacks, Hispanics, Asians rejection’s higher
    Surprisingly, large numbers of loan applications don’t make it. About 1 of every 9 loan applications (10.8 percent) to purchase a home — and more than 1 in 4 applications (26.4 percent) for a refinancing — were… | May 24, 2018
  4. Press: Latinos deben estar vigilantes cuando se endeuden por un carro
    El presidente Trump firma una orden que elimina las protecciones para frenar la discriminación de minorías Es oficial. El presidente de EEUU, Donald Trump, ha eliminado la directiva de la Oficina de Protección al Consumidor… | May 22, 2018
  5. Press: Mick Mulvaney turns his back on student borrowers, closes Office of Students and Young Consumers
    WASHINGTON, DC — Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), announced Wednesday that the Office of Students and Young Consumers will be collapsed into the Office of Financial Education, serving a… | May 09, 2018
  6. Press: With its tax cut, Wells could pay $1 billion fine 3 times and still have cash
    Federal regulators on Friday hit Wells Fargo with a $1 billion fine, the largest levied against a U.S. bank during the Trump administration. But the civil penalty is unlikely to hobble or even slow down… | Apr 21, 2018
  7. Press: Payday lenders convening at Trump resort are met by protesters
    At Trump National Doral Golf Club near Miami this week, executives with the nation's payday loan industry are holding their annual conference.  Outside the gates of the resort, a smaller group gathered to hold a… | Apr 19, 2018
  8. Press: Senate poised to roll back watchdog effort to prevent discrimination
    The Senate is poised to vote this week to rescind a five-year old Obama-era policy warning auto lenders against allowing minority borrowers to be charged more than their white peers. The fight centers on guidance issued by CFPB… | Apr 18, 2018
  9. Press: Can consumers still get help from the CFPB?
    Change has come swiftly to the agency, but for now important consumer tools remain in place. | Apr 16, 2018
  10. Press: Federal judges indicate they could remove Mulvaney as acting CFPB chief
    Judges on a federal appeals court panel Thursday appeared hesitant to overrule President Trump and install the deputy director of the Consumer Financial Protection Bureau as the agency's temporary leader. | Apr 13, 2018
  11. Press: Mulvaney leading Consumer Financial Protection Bureau over a cliff
    Accounts of the slow death of the Consumer Financial Protection Bureau are not exaggerations. In his just released report to Congress, the agency’s acting director, Mick Mulvaney, was clear about his mission. “The bureau is… | Apr 12, 2018
  12. Press: Under Trump, a voice for the American consumer goes silent
    In the 135 days since the Trump administration took control of the nation’s consumer watchdog agency, it has not recorded a single enforcement action against banks, credit card companies, debt collectors or any finance companies… | Apr 10, 2018
  13. Press: Mulvaney, Consumer Bureau’s chief, urges Congress to cripple agency
    Mr. Mulvaney, a longtime and unapologetic critic of the financial crisis-era bureau, has spent the last several months freezing its enforcement activities, dropping cases on payday lenders and shutting out career staff from major decisions.… | Apr 04, 2018
  14. Press: Trump appointee helps companies, not consumers
    In 1959, the late Dinah Washington won a Grammy for her hit, “What a Difference a Day Makes,” a song of how a blossoming romance dramatically changed life for the better. Its lyrics conclude, “the… | Apr 03, 2018
  15. Press: CFPB absurdly sees ‘a positive picture for consumers’ in credit card market
    Unlike most people, Seal Beach resident Tom Hazelleaf took the time to read the contract when he recently received a new MasterCard. The card, issued by Capital One, includes the benefit of being compensated "for… | Mar 13, 2018
  16. Press: Under Trump, CFPB promises to do the bare minimum, and nothing more
    Let's say there was a federal agency charged solely with protecting consumers from financial abuse. And let's say that agency was so good at its job, it succeeded in returning $12 billion to consumers who… | Feb 20, 2018
  17. Press: Mick Mulvaney’s destroying the CFPB — and that’s just what Trump wants
    Mick Mulvaney warned us that it was coming. After all, in 2014 he called the Consumer Financial Protection Bureau, the independent government agency he now temporarily heads, a "sick, sad joke." Three years later, Mulvaney was… | Feb 17, 2018
  18. Press: The Trump administration is trying to undermine the CFPB
    Over the past few weeks, the administration has dismissed enforcement actions, delayed the payday lending rule and halted the investigation of Equifax. Calling for the CFPB to act with more “humility,” Mulvaney has taken up… | Feb 15, 2018
  19. Press: Consumer protection bureau losing its teeth
    Acting director Mick Mulvaney is turning the financial watchdog into a corporate lapdog. For nearly seven years since it began, the federal government’s first agency dedicated to protecting consumers fought successfully to prevent rip-offs by credit card… | Feb 14, 2018
  20. Press: Trump administration has plans to defang CFPB
    The Consumer Financial Protection Bureau was created after the financial crisis to protect Americans from being ripped off by financial firms. Now, President Trump's interim appointee to run the bureau, Mick Mulvaney, is making radical changes… | Feb 13, 2018
  21. Press: Denuncias de sabotaje en la Oficina de Protección Financiera
    Políticos y activistas denuncian que se está vaciando esta agencia que trabaja para consumidores La Oficina de Protección al Consumidor Financiero (CFPB en sus siglas en inglés), el organismo que se ocupa de los consumidores… | Feb 08, 2018
  22. Press: Consumer advocates argue for a strong, independent CFPB
    For Immediate Release: Feb. 6, 2018 WASHINGTON, D.C. – The U.S. Consumer Financial Protection Bureau’s (CFPB) independence from external political influence is crucial to the agency’s mission of protecting consumers, 10 groups told a court… | Feb 06, 2018
  23. Press: CFPB said to be letting Equifax off the hook for data breach
    The down-is-up world of the Trump administration grew even battier Monday amid reports that the Consumer Financial Protection Bureau is scaling back its investigation into credit agency Equifax, which allowed hackers to access the personal… | Feb 06, 2018
  24. Press: Democrats lash out at CFPB after it drops Equifax probe
    Democratic lawmakers lashed out at the Consumer Financial Protection Bureau on Monday amid a report that the agency was backing off an investigation into a massive data breach at Equifax last year that exposed sensitive… | Feb 06, 2018
  25. Press: Appeals court CFPB ruling a big win for consumers
    In 2016, a panel of three judges of the U.S. Court of Appeals for the D.C. Circuit held that the structure of the Consumer Financial Protection Bureau (CFPB) was unconstitutional.  Wednesday, the D.C. Circuit voted… | Feb 04, 2018
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