One day after he posted on a social media site that he had resigned his post from one agency board, Jonathan McKernan was nominated by President Donald Trump (R) to a five-year term as head […]
As an employees union pursues a lawsuit against Consumer Financial Protection Bureau (CFPB) leadership over an ordered halt to enforcement work and a one-week closure of its headquarters, the agency’s website, despite scattered reports to […]
In 24 words, the new acting director of the federal consumer financial protection agency Monday outlined his approach to leading the agency on a part-time basis – as he also remained secretary of the Treasury. […]
Military borrowers typically have larger loans, make smaller down payments, and ultimately shoulder higher monthly costs in the car-lending market, the federal consumer financial protection agency said Wednesday. In a report, the Consumer Financial Protection […]
An updated list identifying dozens of specialty consumer reporting companies as well as the three nationwide firms – Equifax, TransUnion, and Experian – was released Thursday by the Consumer Financial Protection Bureau (CFPB), along with […]
A combined meeting Feb. 12 of the agency’s credit union and community bank advisory panels and a meeting Feb. 10 of its consumer advisory panel will both address consumer account access and “debanking concerns,” the […]
Argus Information and Advisory Services, a subsidiary of the nationwide consumer reporting agency TransUnion, has agreed in writing to not seek any government contract with the Consumer Financial Protection Bureau (CFPB) for three years, the […]
No new rules – “in any manner” – may be proposed or adopted by federal regulators, including those overseeing financial institutions until those rules are reviewed and approved by an agency head appointed or designated […]
American Honda Finance Corporation was ordered Friday to pay $10.3 million in consumer redress plus a $2.5 million civil money penalty over findings of credit report furnishing inaccuracies and dispute investigation failures during the COVID-19 […]
Equifax, one of three nationwide consumer reporting agencies, was ordered Friday to pay a $15 million civil money penalty for failing to conduct proper investigations of consumer disputes. The Consumer Financial Protection Bureau (CFPB) – […]
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