Consumer Financial Protection Bureau

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Consumer bureau out with first list of complaints

Jun 19, 2012
The Consumer Financial Protection Bureau has made public the details of 137 complaints against credit card companies, but it's just a small fraction of the almost 17,000 such complaints the agency received.
Posted In: CFPB, Consumer Financial Protection Bureau

Consumer agency nears release of complaints

Jun 15, 2012
With few regulatory teeth and partisan fighting over its budget, the new Consumer Financial Protection Bureau continues to carve out a role as a place people go to air financial grievances.
Posted In: CFPB, Consumer Financial Protection Bureau

Consumer bureau investigates bank overdraft fees

Feb 22, 2012
The Consumer Financial Protection Agency will question banks about how overdraft fees may create serious economic hardship for consumers least able to afford it.
Posted In: overdraft, Banks, Consumer Financial Protection Bureau

Sunshine is the best disinfectant

Feb 16, 2012
The Consumer Financial Protection Bureau is proposing that it examine the business of large debt collectors and to closely watch the major credit reporting bureaus. The focus would be on the larger firms. It's a good move.
Posted In: Consumer Financial Protection Bureau, debt collection, credit reporting

Credit agencies and debt collectors to get federal scrutiny

Feb 16, 2012
The Consumer Financial Protection Bureau is proposing to add the three major credit bureaus and debt colletion companies to the list of businesses the federal agency can now oversee.
Posted In: debt collection, credit agencies, equifax, Consumer Financial Protection Bureau, CFPB

Richard Cordray to head consumer protection bureau

Jan 4, 2012
President Obama bypassed the Senate and appointed Cordray as the head of the CFPB. Yet, legal challenges will likely follow.
Posted In: Consumer Financial Protection Bureau, CFPB, Richard Cordray

Chase clarifies checking account fees

Dec 15, 2011
Three banks unveil a new three-page checking account guide. Experts hope a new era of simplified disclosure will follow.
Posted In: bank regulations, checking account, Chase, fees, Consumer Financial Protection Bureau

Senate Republicans block Cordray nomination to CFPB

Dec 9, 2011
U.S. Senate Republicans blocked former Ohio attorney general Richard Cordray's appointment as director of the CFPB. The new bureau is a centerpiece in the Dodd-Frank financial reform law.
Posted In: Richard Cordray, CFPB, Consumer Financial Protection Bureau

This week: The Postal Service, the CFPB (non) confirmation

Dec 9, 2011
We talk to one of our Washington reporters about what happened in the news this week.
Posted In: U.S. Postal Service, budget cuts, Consumer Financial Protection Bureau, Richard Cordray, Credit Cards

Barney Frank on the future of the Consumer Financial Protection Bureau

Dec 8, 2011
The consumer bureau was supposed to be a key part of Congressman Frank's financial reform law, the Dodd-Frank act. He talks about his frustration with Republicans who voted to block the confirmation of a director.
Posted In: Consumer Financial Protection Bureau

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