The former chief executive of a payday lending company that had been under investigation by the Consumer Financial Protection Bureau has asked to be considered for the top job at the watchdog agency. Such a request would have been extraordinary in the years when the agency was run by an Obama appointee...
Mick Mulvaney fired back at Sen. Elizabeth Warren on Friday after the senator asked about recent decisions by the Consumer Financial Protection Bureau (CFPB), which Mulvaney leads. Mulvaney said he "rejected" the Democratic senator's...Show More Summary
The Trump administration’s proposed budget contains an interesting line item that isn’t mentioned in the summary text. It calls for reductions in spending at the Consumer Financial Protection Bureau (CFPB). What makes this differentShow More Summary
As a native Texan, I make an effort to stay current on the latest happenings in my home state. And even though the announcement by the Consumer Financial Protection Bureau that it will reconsider new federal rules that would regulate...Show More Summary
Acting director Mick Mulvaney is turning the financial watchdog into a corporate lapdog: Our view
Since November, the Trump administration has taken steps to overhaul the Consumer Financial Protection Bureau (CFPB) — the Obama-era consumer watchdog agency that Democrats created after the global financial crisis to monitor American consumers’ financial interests. Show More Summary
The Consumer Financial Protection Bureau is moving to stop at least two companies from continuing to argue that enforcement actions should be dismissed based on an alleged defect in the agency's power structure. Mick Mulvaney, the acting director, said he has "ratified" those two lawsuits.
Sheelah Kolhatkar writes about how the Consumer Financial Protection Bureau is threatened by the actions of the Trump Administration.
White House budget chief Mick Mulvaney once likened government regulations to a “slow cancer,” an attitude he shares with many of President Trump’s appointees as well as the man himself. So it’s hardly surprising that, in his new part-time role as acting director of the Consumer Financial Protection...
The Consumer Financial Protection Bureau, the brainchild of Senator Elizabeth Warren (D-MA), is having difficulty accounting for laptops belonging to the agency. According to the CFPB’s Inspector General, a number of laptops have gone missing despite the agency sending out an “early alert memorandum,” on how to prevent inventory loss back in 2016. Show More Summary
U.S. Treasury Secretary Steven Mnuchin on Tuesday said he wants to know how the Consumer Financial Protection Bureau is handling a probe into a hack of credit bureau Equifax Inc (EFX.N) after a report that the agency's acting director...Show More Summary
Critics of the Consumer Financial Protection Bureau appear to be getting some of what they want.
Head of the Consumer Financial Protection Bureau, Mick Mulvaney, has pulled back from a full-scale probe of how Equifax failed to protect the personal data of millions of consumers, according to people familiar with the matter. Aleksandra Michalska reports.H Video provided by Reuters
Well, at least a neoliberal didn’t win the presidency: Mick Mulvaney, head of the Consumer Financial Protection Bureau, has pulled back from a full-scale probe of how Equifax Inc failed to protect the personal data of millions of consumers, according to people familiar with the matter. Equifax (EFX.N) said in September that hackers stole personal […]
The Consumer Financial Protection Bureau will not be conducting a full investigation of Equifax, the credit agency whose trove of Social Security numbers, addresses, credit card details, and other information belonging to more than 140...Show More Summary
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 information of more than 145 million Americans. Because,...
The head of the Consumer Financial Protection Bureau (CFPB) has reportedly scaled back the probe into how Equifax failed to protect the personal data of 143 million Americans during hacks that occurred between May and July of last year, says Reuters. Show More Summary
The Consumer Financial Protection Bureau last year sued four lenders affiliated with a Northern California Native American tribe, alleging their costly loans violated interest rate caps in more than a dozen states. The enforcement action came amid a probe into yet another high-interest lender,...