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Consumer Agency Seeks to Hold South Carolina Company in Contempt

A legal move shows the Consumer Financial Protection Bureau is proceeding with an inquiry into seller financing of homes aimed at lower-income Americans.

Judge raps Consumer Financial Protection Bureau over $15M tug-of war

Consumer Financial Protection Bureau is the loser in the fight over $15M in leftover funds        

Top Posts From AJBlogs 06.15.17

NEA supports jazz and US arts nationwide The National Endowment of the Arts, arguably the most misunderstood and beleaguered doing-good office of the federal gov’t (excluding the NEH, EPA, Consumer Financial Protection Bureau, Civil Rights Division of the Justice Dept., and a few others) has issued its 2017 funding report, highlighting that its monies (monies […]

Financial trouble: Ways older consumers can protect themselves

Older consumers might think there’s no one willing to listen to their complaints.        

Morning Agenda: White House Looks to Defang Financial Watchdog

The Treasury Department says that the Consumer Financial Protection Bureau should be substantially stripped of its powers, accusing it of overreach.

Mnuchin calls for major rollbacks of Dodd-Frank financial reforms

Treasury Secretary Steven T. Mnuchin on Monday proposed sweeping changes to the tough Dodd-Frank regulations put in place after the 2008 financial crisis, including a major reduction in the power of the Consumer Financial Protection Bureau and other rollbacks long desired by Wall Street. In a 149-page...

Trump Administration Says Financial Watchdog Agency Should Be Defanged

A Treasury Department report on deregulation calls for stripping the new Consumer Financial Protection Bureau of its supervisory and examination authority.

House Passes Bill that Would Roll Back Consumer Financial Protections

Consumer Reports has no relationship with any advertisers on this website. The Republican-sponsored Financial Choice Act that is designed to undo Obama-era financial regulations enacted in the wa...

House Republicans threaten consumer watchdog with contempt of Congress

House Republicans this week threatened Richard Cordray, the embattled director of the Consumer Financial Protection Bureau, with contempt of Congress, saying his agency has not complied with a demand to provide documents related to Wells Fargo & Co.’s unauthorized accounts scandal. In a staff report...

The CFPB Is Making Government More Accountable. The GOP Wants to Stop It.

The Financial CHOICE Act would remove the Consumer Financial Protection Bureau's widely popular consumer complaints database from public view.

How House Bill Would Dismantle an Array of Dodd-Frank Reforms

The Consumer Financial Protection Bureau, the Volcker Rule and “too big to fail” designations are among the targets in the Republican-backed proposal.

A federal regulator Is probing Wells Fargo’s mortgage practices

2 weeks agoNews : The Raw Story

A Federal Regulator Is Probing Wells Fargo’s Mortgage Practices The Consumer Financial Protection Bureau is conducting an investigation into alleged improprieties in Wells Fargo’s mortgage fee practices. The CFPB is looking into allegations, first reported by ProPublica in January, that the...

Bill to loosen financial rules would save $24 billion — and slash consumer protection bureau funds

The House Republican legislation scaling back Dodd-Frank financial regulations would reduce federal budget deficits by $24.1 billion over the next decade — in part by slashing funding for the Consumer Financial Protection Bureau, according to an estimate by the nonpartisan Congressional Budget...

Consumers Lose With A Weak Consumer Financial Protection Bureau

By Jessica Scholes and Sarah Rosenthal, Staff Attorneys, New York Legal Assistance Group John remembers all too clearly the day the pre-paid debit card he used to pay his monthly bills, including his rent, stopped working. John could not access a balance of nearly $2000, including his paychecks, which he regularly deposited to the card. Show More Summary

Building Credit and Financial Planning? There's Apps for That

Startups like EarnUp and Self Lender work to help consumers with financial questions and planning while also protecting them by working with regulators.

Consumer agency chief, his job on the line, takes Republican attacks in stride

Republican lawmakers are pushing a bill through Congress that would allow the president to sack the director of the Consumer Financial Protection Bureau at any time for any reason. But what are the odds President Trump would fire the head of a government agency he has issues with? Cough. The Republican...

Small business access to credit examined by federal regulator

Small business access to credit studied by Consumer Financial Protection Bureau        

Ocwen Financial Rope-a-Dopes The Consumer Financial Protection Bureau

Ocwen Mortgage Servicing, once the nations leading non-bank servicer is on the ropes; beaten and battered by the last federal agency with a modicum of concern for Main Streeters: the Consumer Financial Protection Bureau. CFPB has taken...Show More Summary

Democrats seek to protect watchdog as GOP tackles Dodd-Frank

Democratic lawmakers will attempt to protect the independence of a consumer watchdog unit as Republicans move forward with an overhaul of the nation's financial regulatory laws. House Republicans are working … Click to Continue »

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