Kathy Kraninger, the director of the U.S. Consumer Financial Protection Bureau (CFPB), has asked Congress for the ability to pay whistleblowers in an attempt to incentivize them to speak out, according to a report by Reuters. The authority would require a change in legislation, but...
The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues related to online security and privacy are increasingly a topic that has the attention of lawmakers and regulators, and not just in the...
The Consumer Financial Protection Bureau came under fire from the House Financial Services Committee, which is now controlled by Democrats, during a hearing Thursday (March 8). According to a report in the Associated Press, during the hearing Committee Chair Rep. Maxine Waters argued the Trump-appointed...
The next chapter in the ongoing saga that is payday loan regulation officially began yesterday (Feb. 6), with the announcement that the Consumer Financial Protection Bureau (CFPB) will overhaul a series of 2017 payday loan regulations, set to go into effect in August 2019. The...
February 07, 2019
The next chapter in the ongoing saga that is payday loan regulation officially began yesterday (Feb. 6), with the announcement that the Consumer Financial Protection Bureau (CFPB) will overhaul a series of 2017 payday loan regulations, set to go into effect in August 2019. The regulations were crafted and drafted during the tenure of former […]
November 24, 2024
President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB). The GOP hopes to curtail the powers and funding of the CFPB, the Washington Post reported Sunday (Nov. 25), putting them in the same camp with banks, credit card and mortgage lenders and other big financial companies. […]
March 06, 2020
Kathy Kraninger, the director of the U.S. Consumer Financial Protection Bureau (CFPB), has asked Congress for the ability to pay whistleblowers in an attempt to incentivize them to speak out,...
March 13, 2019
The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues related to online security and privacy are increasingly...
March 08, 2019
The Consumer Financial Protection Bureau came under fire from the House Financial Services Committee, which is now controlled by Democrats, during a hearing Thursday (March 8). According to a report...
