Latest News
Showing the Latest Consumer Financial Protection Bureau (CFPB) Results
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Trump CFPB’s Industry-Packed Task Force Predictably Offers Anti-Consumer Recommendations That Congress Should Roundly Reject
The Trump CFPB’s highly secretive, industry-packed Taskforce on Federal Consumer Financial Law released its recommendations for picking apart consumer protection laws today that no one outside of Wall Street lobbyists were asking for.
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Trump CFPB Finalizes Rule Opening Floodgate to Debt Collection Harassment In Middle of Pandemic and Recession
Consumer watchdog Allied Progress renewed its calls on Trump Consumer Financial Protection Bureau (CFPB) director Kathy Kraninger to resign after the agency finalized its controversial proposed rule today allowing debt collectors to harass consumers with unlimited texts and emails without prior permission in the middle of a pandemic and recession.
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Dodd-Frank Turns 10: Trump Administration’s Fair Lending Failures Underscore Need to Strengthen Law
On the ten-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, consumer watchdog group Allied Progress released a report spotlighting how the Trump administration has worked to undermine fair lending protections and — as the recent PPP program showed — how much work there is left to do to make our financial system accessible to all.
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NYT Bombshell: Trump CFPB Manipulated Research in Rush to Undo Payday Protections
Allied Progress calls on the Bureau to halt its plans to finalize the payday rule until Congress can conduct an investigation into these allegations.
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What Pandemic? Trump CFPB Director Kraninger Readies Rules Enriching Trump’s Payday Lending Donors
Not even a pandemic and looming recession can keep Director Kraninger from empowering predatory lenders to rip off vulnerable consumers.
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Former CFPB Director Cordray Is Right: Kathy Kraninger Should Halt Unnecessary Rulemaking
Every minute the Trump CFPB wastes conducting its usual business doing favors for predatory lenders and greedy banks is critical time they’re not devoting to keeping consumers safe and secure as the economy races towards recession.
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REPORT: Most Who Filed SCOTUS Amicus Briefs Opposing CFPB’s Constitutionality Have Financial Motive in Crippling the Bureau
The vast majority of those who filed challenges to the bureau’s for-cause removal provision – and some to the CFPB’s very existence – have financial motives in seeing the bureau stripped of its independence or struck down entirely.
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CFPB Director Kraninger Packed Over Half the Consumer Advisory Board with Financial Industry Insiders
She has marginalized the voices of consumer advocates in favor of those who are just chasing profits.
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Not Again…Trump CFPB Official Leading Effort to Gut Debt Collection Rules to “Kick Off” Another Ritzy Debt Industry Conference
The amount of face-time industry executives get with Trump’s CFPB officials is extraordinary.
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Speaker Pelosi, Chairwoman Waters Do What CFPB Director Kraninger Won’t: Fight for a Strong, Independent Bureau
Kraninger may be in the tank for Trump and his payday lending friends, but we need a future CFPB Director who is willing to stand up for consumers.