• 01.16.19

    New Year, New CFPB? Kraninger Memo Sparks Debate

    Perhaps setting the tone at the Bureau of Consumer Financial Protection (CFPB or Bureau), new Director Kathy Kraninger urged Bureau employees to “vigorously enforce the law” but refrain from presuming guilt about industry participants.

  • 01.03.19

    CFPB 2018 Year in Review, and What to Expect in 2019

    Let’s call it molasses. Because that is what the Trump administration figuratively poured into the consumer protection engine known as the CFPB. 

  • 12.19.18

    CFPB: Name Restored, Kraninger Takes Helm, Enforcement and No-Action

    It’s official: The Bureau of Consumer Financial Protection (CFPB or Bureau) has its second formal director following the Senate confirmation of Kathy Kraninger.

  • 12.19.18

    State Enforcement: Attorneys General Tackle Pension Sales and Robosigning

    State regulatory oversight continues, with Virginia Attorney General Mark R. Herring winning a $50 million court order, albeit by default judgment, against a pension sale company and a coalition of 42 state attorneys general working together to reach a deal over unlawful debt collection.

  • 11.27.18

    CFPB: Payday Lending Rule, New Report and MLA Concerns

    This week in news from the Bureau of Consumer Financial Protection (CFPB or Bureau), a Texas federal court granted a stay of the compliance deadline for the Payday, Vehicle Title and Certain High-Cost Installment Loans Rule, allowing the industry to breathe a sigh of relief.

  • 11.07.18

    CFPB News

    The Bureau of Consumer Financial Protection (CFPB or Bureau) may have changed its name under Acting Director Mick Mulvaney, but its recent enforcement action against a small-dollar lender in Tennessee makes it look just like the old CFPB.

  • 10.24.18

    CFPB News: ‘Regulation by Enforcement’ Over, Other CFPB Updates

    To no one’s surprise, Bureau of Consumer Financial Protection (CFPB or Bureau) acting director Mick Mulvaney declared regulation by enforcement dead.

  • 10.10.18

    CFPB: Staff Controversy, Credit Invisibility, Disclosure Sandbox, Meetings Renewed

    The Bureau of Consumer Financial Protection (CFPB or Bureau) continues in the news, as the CFPB released a report on credit invisibility, met with advisory groups for the first time this year and proposed a policy for its new “sandbox” program.

  • 09.27.18

    CFPB Updates: First Mulvaney Lawsuit, Questions About Disparate Impact

    The latest news from the Bureau of Consumer Financial Protection (CFPB or Bureau) includes the first lawsuit filed under the leadership of Acting Director Mick Mulvaney, committee approval of his permanent replacement and the publication of the 17th edition of the Bureau’s Supervisory ...

  • 09.27.18

    Federal Banking Regulators Join Forces on Supervisory Guidance

    All five federal banking regulators recently issued an interagency statement, explaining the role of supervisory guidance and describing the agencies’ approach to supervisory guidance.

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