How GOP will target Consumer Financial Protection Bureau

Nov 21, 2016
The consumer agency has been a long-time foe of the party and of banks.
Director of the Consumer Financial Protection Bureau Richard Cordray waits for the beginning of a hearing before the Senate Banking, Housing and Urban Affairs Committee earlier this year on Capitol Hill in Washington, D.C.
Alex Wong/Getty Images

Wells Fargo to pay $185 million following false accounts scandal

Sep 9, 2016
Some bank employees, under quota pressure, opened accounts in customers’ names without their permission.
The fine is the largest penalty in the Consumer Financial Protection Bureau's history.
Justin Sullivan/Getty Images

New rules make it harder to get a mortgage, but protect consumers more

Jan 8, 2014
The rules are more strict in an effort by the Consumer Financial Protection Bureau to make the housing market safer for consumers.

The wild west is over for debt collectors

Nov 7, 2013
The Consumer Financial Protection Bureau will announce new rules for the debt collection industry.

Consumer complaint? Who you gonna call? Try the government

Aug 9, 2013
Since 2011, the Consumer Financial Protection Bureau has been collecting consumer complaints and helping people resolve their disputes with companies. Richard Cordray, the newly confirmed CFPB director, talks about using his organization as a resource.

You’ve got questions. We help you answer them.

Support nonprofit, independent journalism that makes you smarter.

Is fight over CFPB undermining its authority?

Apr 24, 2013
Observers worry the lack of a full-fledged director undercuts agency's ability to protect consumers.

Obama taps former prosecutor as Wall Street cop

Jan 24, 2013
Mary Jo White battled mobsters and terrorists as U.S. Attorney. Now, she’ll face hedge fund titans and high-speed traders to revive the SEC.
Flanked by Director of the United States Consumer Financial Protection Bureau Richard Cordray (L) and former U.S. Attorney for the Southern District of New York Mary Jo White (R) , U.S. President Barack Obama makes a personnel announcement at the State Dining Room of the White House January 24, 2013 in Washington, DC. President Obama nominated Mary Jo White to become the new chairman of Securities and Exchange Commission. He also re-nominated Richard Cordray for the same position Cordray has been holding.
Alex Wong/Getty Images

CFPB proposes new rules for mortgage servicers

Aug 10, 2012
The Consumer Financial Protection Bureau today proposed new rules for the companies that service your mortgage. The proposed reforms seem to mandate a big upgrade in customer service.

Raise a glass to Marketplace!

Just $7/month gets you a limited edition KaiPA pint glass. Plus bragging rights that you support independent journalism.
Donate today to get yours!