The federal consumer financial protection agency officially has a new director, as Kathleen (“Kathy”) Kraninger was sworn in Monday evening; she was confirmed to serve a five-year term by the Senate Thursday. Vice President Mike […]
Leandra English was tapped deputy director of the Consumer Financial Protection Bureau (CFPB) by outgoing Director Richard Cordray, the agency announced in a release Friday; English is now the agency’s chief of staff. As deputy director, […]
Reports are circulating in Washington that Office of Management and Budget (OMB) Director Mick Mulvaney will be tapped by the White House to lead the Consumer Financial Protection Bureau (CFPB) on an interim basis. Mulvaney […]
Saying he will step down before the end of the month, and without revealing future plans, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray Wednesday shared with agency staff that his tenure is ending. Separately […]
The recovery from the housing meltdown of 2007-10 has been “uneven and painful” for communities of color, and it may take generations to restore what was lost, the director of the CFPB said Tuesday. In […]
The CFPB has been granted a review by a federal appeals court of a ruling from last fall that effectively found the structure of the agency unconstitutional. In a decision released Thursday, the U.S. Appeals […]
TCF National Bank, a Minnesota-based bank with operations in seven states, was sued today by the CFPB for allegedly “tricking consumers” into costly overdraft services and fees. In its filing, CFPB claimed that TCF designed […]
House Democrats in a letter have urged President-elect Donald Trump to reject calls to fire CFPB Director Richard Cordray, made in an earlier letter from Republican senators. In their letter on Tuesday, signed by Rep. […]
Donald Trump, “promptly after his inauguration” as president, should fire CFPB Director Richard Cordray, two senators have written to the vice president-elect, despite an on-going legal battle over whether the director may be fired before […]
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