Consumer Financial Protection Bureau

Biden Asks Consumer Protection Chief Kraninger To Step Down
Biden Asks Consumer Protection Chief Kraninger To Step Down
January 20, 2021  |  CFPB

Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger handed in her resignation Wednesday (Jan. 20) at the request of U.S. President Joe Biden, newly sworn...

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Synchrony Bank Lands CFPB OK For Dual Secured, Unsecured Credit Cards
Synchrony Bank Lands CFPB OK For Dual Secured, Unsecured Credit Cards
December 31, 2020  |  Payment Methods

Synchrony Bank will be able to offer a combination secured/unsecured credit card under a Consumer Financial Protection Bureau order posted Wednesday (Dec. 30). Synchrony Bank...

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CFPB Clarifies Position On Earned Wage Access Policy; Says Programs Are Not An Extension Of Credit
CFPB Clarifies Position On Earned Wage Access Policy; Says Programs Are Not An Extension Of...
December 01, 2020  |  Payment Methods

The U.S. Consumer Financial Protection Bureau issued an advisory opinion Monday (Nov. 30) that earned wage access (EWA) products do not represent extensions of credit...

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Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
Today In Payments: Scammers Target Used Car Buyers; California Voters Uphold Gig Worker Status
November 04, 2020  |  News

In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig...

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No Open And Shut Path For Open Banking As CFPB Mulls Rules
No Open And Shut Path For Open Banking As CFPB Mulls Rules
November 03, 2020  |  Digital-First Banking

If data is the oil that brings change to financial services, the pipelines are increasingly under scrutiny. Late last week, the Consumer Financial Protection Bureau...

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Rep. Waters Slams CFPB Chief For ‘Betraying Consumers’
Rep. Waters Slams CFPB Chief For ‘Betraying Consumers’
July 30, 2020  |  Regulation

The chairwoman of the House Committee on Financial Services unleashed a withering attack on the Consumer Financial Protection Bureau (CFPB) on Thursday (July 30), accusing...

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Consumer Financial Protection Bureau Seeks Advice On Financial Data Access
Consumer Financial Protection Bureau Seeks Advice On Financial Data Access
July 26, 2020  |  CFPB

The nation’s consumer protection agency is seeking input on rule changes to third-party access to individual financial records. The announcement by the Consumer Financial Protection...

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Google, CFPB Team On Housing, Mortgage Search ‘Experience’
Google, CFPB Team On Housing, Mortgage Search ‘Experience’
July 22, 2020  |  Real Estate

First-time home buyers and homeowners seeking to refinance have been busy online this year. Google Trends reports the most searched mortgage-related questions in 2020 in...

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CFPB Consumer Complaints Up 50 Pct During Pandemic
CFPB Consumer Complaints Up 50 Pct During Pandemic
July 20, 2020  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has recorded record-high numbers of complaints every month since the pandemic hit in mid-March, according to a press release...

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