In a letter co-signed by 15 other Senate Democrats — and every Senate Republican — Kaine asked the Consumer Financial Protection Bureau to exempt community banks and credit unions from many of its regulatory requirements. In justifying...Show More Summary
All that stuff you hear about how teachers unions protect bad teachers through the evils of due process and their general uniony badness? A new study for the National Bureau of Economic Research says nuh-uh. EduShyster interviews the...Show More Summary
Consumer Financial Protection Bureau director Richard Cordray delivers remarks during a public meeting of the Financial Literacy and Education Commission at the U.S. Treasury on June 29. His agency is awaiting a ruling on a constitutional challenge filed by a New Jersey company.(Photo by Pete Marovich/Getty Images) A highly anticipated decision [...]
Teach kids about money early on, and those lessons will stick with them down the road. The Consumer Financial Protection Bureau (CFPB) just released a fun book club to help kids learn important lessons about money. Read more...
In this time of partisan gridlock, it's rare to see a federal policy move than can be of real help to small businesses and their customers. The rule recently released by the Consumer Financial Protection Bureau (CFPB) aimed at curbing...Show More Summary
By Sarah N. Lynch WASHINGTON (Reuters) - The U.S. Consumer Financial Protection Bureau said on Thursday that Santander Bank would pay $10 million to settle charges that it engaged in illegal overdraft practices. The regulator said the...Show More Summary
Sen. Elizabeth Warren is a smart person who has accomplished amazing things. She didn’t just create the Consumer Finance Protection Bureau—she did so despite stiff opposition from Treasury Secretary Tim Geithner himself. That showedShow More Summary
WASHINGTON (Reuters) - Some mortgage servicers are failing to follow federal rules intended to help struggling borrowers avoid foreclosure, often because they use faulty technology, the U.S. agency charged with protecting consumers' finances said on Wednesday. Show More Summary
(Paul Mirengoff) The Consumer Financial Protection Bureau was designed by the Obama administration, under the leadership of Elizabeth Warren, pursuant to the Dodd-Frank Act. One of its purposes is to root out discrimination in financial markets. Show More Summary
BIGOTRY RAMPANT INSIDE AGENCY OBAMA CREATED TO FIGHT FINANCIAL BIAS: Employees of the Consumer Financial Protection Bureau are coming forward in droves talking about widespread racial, gender and ethnic discrimination within the workforce there, according to Richard Pollock of the Daily Caller News Foundation Investigative Group. Things are so bad in one key division of […]
MISSOULA, Mont.—The Rocky Mountain Elk Foundation teamed up with conservation-minded landowners and the Bureau of Land Management (BLM) to permanently protect vital The post Idaho Elk Country Permanently Protected, Public Access Improved appeared first on Hunting and Conservation News.
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 on April 7 in Washington, D.C. His agency has filed a lawsuit that asks a federal judge to let it regulate companies that purchase structured [...]
The TILA-RESPA Integrated Disclosure Rule (TRID) was put into force on August 2015 by the Consumer Financial Protection Bureau (CFPB). The documents required by TRID that were discussed in the first 3 parts of this series dealt withShow More Summary
After a bruising battle with the Federal Bureau of Investigation and a contentious debate over encryption in the wake of the San Bernadino terrorist shooting, Apple is doubling down on privacy protection by researching cutting-edge privacy techniques for iOS 10, allowing advanced new features while protecting user data.
The federal government may be $17 trillion in debt, but that won't stop it from meddling in Americans' personal finances. Eric Boehm writes about new rules from the Consumer Finance Protection Bureau: The new rules issued by the Consumer...Show More Summary
GOT A CREDIT CARD OR A MORTGAGE? THEN CFPB KNOWS ALL ABOUT YOU: Officials at the Consumer Financial Protection Bureau – the hybrid financial regulatory agency President Obama and a Democratic Congress created in 2010 – are accumulating what may well be the world’s largest database of information on American consumers. And CFPB’s bureaucrats refuse […]
New guidelines from the Consumer Financial Protection Bureau are certain to face legal challenges, but those claims will probably fail.
Wasserman Schultz co-sponsored legislation in the U.S. House of Representatives to roll back proposed Consumer Financial Protection Bureau protections against predatory lending practices. Such practices often prey on those in poverty...Show More Summary
(AP Photo/Elaine Thompson) Amid a wave of headlines and hype, the first proposed federal rules governing payday lending were issued this weekby the Consumer Finance Protection Bureau. Under the new CFPB rules, lenders would need to review a borrower’s ability to afford and repay the loans as well as curb debit attempts [...]
The Consumer Financial Protection Bureau (CFPB) plans to crack down on payday lenders, moving to regulate high-interest, low dollar loans that are made by storefront lenders to an estimated 12 million lower-income households living paycheck...Show More Summary