Stories Tagged as
CFPB
Financial watchdog expected to regain teeth under Biden
Dec 18, 2020
Under President Trump, the Consumer Financial Protection Bureau relaxed rules on payday lending and debt collection.
CFPB rolls back restrictions on payday lenders
Jul 9, 2020
Lenders will not have to verify whether borrowers have the ability to pay back high-interest loans
Coronavirus pushes up demand for financial literacy, but money to pay for it is tight
Apr 22, 2020
The federal agency has a $1.2 billion fund to pay fraud victims, but can also use it for financial literacy programs.
With the CFPB's future uncertain, New York and other states want to step in
by
Justin Ho
Mar 5, 2020
Some states are stepping up their plans to regulate the debt collection industry. Consumer advocates say the moves come at a time when Federal protections are weakening.
CFPB is taking a fresh look at bank overdraft fee rule
by
Renata Sago
Jul 2, 2019
The Consumer Financial Protection Bureau is reviewing a 2009 rule that regulates how banks charge customers who overdraw their checking accounts.
CFPB seeks to rollback rule restricting payday lenders
by
Ben Bradford
Feb 7, 2019
The Trump administration is handing payday lenders a potential victory.
Senate poised to confirm new Consumer Financial Protection Bureau chief. Then what?
Dec 3, 2018
Since the beginning of the Trump administration, the Consumer Financial Protection Bureau has been operating under the direction of Mick Mulvaney, who is also the head of the Office of Management and Budget. He’s deliberately slowed and narrowed the scope of the bureau’s work. Now a new head, Kathleen Kraninger, is likely to be confirmed. She’s a Mulvaney […]
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The Trump administration has a habit of renaming government groups
by
Janet Nguyen
Oct 10, 2018
Case in point: The Consumer Financial Protection Bureau is now the Bureau of Consumer Financial Protection.
Your student loan company just changed the terms of your agreement. What do you do next?
by
Janet Nguyen
Sep 20, 2018
The Consumer Financial Protection Bureau helps you handle problems you’re having with a financial service or product. Here’s how that process works.
Nation’s top student loan official resigns
Aug 27, 2018
Seth Frotman is latest high-level departure from the CFPB since Mick Mulvaney, Trump's budget director, took over.