The Consumer Financial Protection Bureau is accountable to no one – not even the president. And it is wreaking havoc on the very people it's supposed to help.
WASHINGTON, Aug 4 (Reuters) - Republicans in the U.S. House of Representatives are pushing to hold Consumer Financial Protection Bureau Director Richard Cordray in contempt of Congress for refusing to respond sufficiently to congressional subpoenas. Read more... Permalink | Email this | Linking Blogs | Comments
Republican staff members in the U.S. House of Representatives are arguing that Consumer Financial Protection Bureau Director Richard Cordray could be held in contempt of Congress for refusing to respond sufficiently to congressional subpoenas. A report issued Friday by Republican staff on the House...
Lewandowski isn't directly answering, but says he "doesn't make a dime" whether the head of the Consumer Financial Protection Bureau loses his job. Corey Lewandowski is parlaying his close relationship with President Donald Trump into...Show More Summary
The new arbitration rule from Consumer Financial Protection Bureau (CFPB) restores consumers’ ability to join together in class action lawsuits against financial institutions.
In an exclusive interview with Meet the Press, former Trump Campaign Manager tells Chuck Todd that the new Chief of Staff can start by removing the head of the Consumer Financial Protection Board.
Next on the chopping block: The CFPB? (Ted Eytan / flickr)(CC-BY-SA) Next on the Trump administration’s list of targeted institutions may well be the Consumer Financial Protection Bureau (CFPB). According to a report by The Hill, former...Show More Summary
An outside adviser to U.S. President Donald Trump called on Sunday for the firing of Consumer Financial Protection Bureau director Richard Cordray. Corey Lewandowski, Trump’s former campaign manager who still speaks regularly to the president, criticized a CFPB rule that would make it easier...
Corey Lewandowski, a former campaign manager for Donald Trump, urged the White House on Sunday to fire the head of the Consumer Financial Protection Bureau (CFPB) over his rumored political ambitions. Asked on NBC's “Meet the Press” about the transfer of John Kelly, a retired Marine general, from leading the Department of Homeland Security to running the West Wing as White […]
Corey Lewandowski this morning openly volunteered the name of someone he thinks President Trump should fire: Director of the Consumer Financial Protection Bureau Richard Cordray.
The GOP's assault on the Consumer Finance Protection Bureau is an opportunity for Warren to taunt her opponents. Less than a week after the Consumer Financial Protection Bureau celebrated its sixth anniversary, the Trump administration...Show More Summary
July 21 marks the six-year anniversary of the Consumer Financial Protection Bureau, which was created in the wake of the Wall Street crime wave that led to the financial crisis of 2008. The CFPB was first conceived by law professor Elizabeth Warren, now Senator Warren from Massachusetts, as an agency that could protect the American people from […]
A government complaint database popular with consumers has become the latest battleground for efforts to curb the Consumer Financial Protection Bureau’s authority.
Catherine Rampell has a nice column pointing out how Republican efforts to block suits against companies that abuse their customers is effectively denying them the opportunity to use the legal system when they are wronged. The argument is well-taken but it doesn't go far enough. Show More Summary
There’s been some buzz this week about a new poll that, according to its creators, shows overwhelming support for Dodd-Frank and the Consumer Financial Protection Bureau (CFPB). A stunning 74 percent of respondents, the creators claim,...Show More Summary
Washington - The US government's consumer watchdog finalised a rule that it will make it easier for people to challenge financial companies in court. Under the long-awaited rule from the Consumer Financial Protection Bureau, companies will be banned from using agreements that block consumers from joining group lawsuits. Show More Summary
Consumers need protection from misbehaving companies.
Signaling its intent to proceed with business as usual, despite ongoing controversy over its leadership and structure, the Consumer Financial Protection Bureau (CFPB) recently finalized a rule restricting the ability of financial services...Show More Summary
The Consumer Financial Protection Bureau just made it easier for ordinary citizens to sue banks by restricting how they can use mandatory arbitration to block class-action lawsuits, according to Bloomberg. But the decision – inspired...Show More Summary