Latest News
Showing the Latest Consumer Financial Protection Bureau (CFPB) Results
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Payday Lenders Host High-Dollar Trump Fundraiser Featuring VP Mike Pence, The Latest ‘Thank You’ to Trump for Gutting Payday Protections
Trump’s CFPB Has Already Saved the Payday Industry Over $900 Million By Pushing More Consumers into the Payday Debt Trap WASHINGTON, D.C. – Executives from payday lending companies Advance Financial and Cash Express are among the top sponsors for a mega-dollar fundraiser for the Trump reelection campaign in Nashville, TN today. Tickets are going for as much as $100,000 for…
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CFPB Director Kraninger Appoints Banker Once Dubbed the “New Face Of The Housing Crisis” to Her Advisory Board
The Director ought to seek counsel from people interested in ensuring fairness and transparency in the home-lending market, not a Wall Street banker who got rich pushing risky mortgages.
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Congress Considers Stronger Consumer Protections From Debt Industry Abuse As the Trump CFPB Lays Down on the Job
The Trump CFPB is leaving families move vulnerable from ruthless debt collectors and scammers, period.
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New Report Examines the Deconstruction of CFPB’s Debt Collection Rulemaking From the Cordray to Kraninger Era
Trump appointees Mick Mulvaney and Kathy Kraninger have reversed course on Richard Cordray’s drive for stronger consumer protections as the debt collection industry spent millions on lobbying.
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Allied Progress Has Suggestions for CFPB Director Kraninger As She Reevaluates Exam Process
Reaction from Derek Martin, director of consumer watchdog group Allied Progress: “While she’s looking under the hood for ways to make examinations easier on industry, perhaps Director Kraninger will consider reinstating the Military Lending Act as a part of supervisory exams, which 33 state Attorneys General have asked her to do. Kraninger may think it’s the CFPB’s…
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Allied Progress Launches Campaign Against the Trump-Kraninger CFPB Debt Collection Spam Plan
Mobile Billboard to Circle Debt Collector Trade Association Annual Conference New Digital Ad Revisits Trump’s Boast “I’m the King of Debt” New Report Spotlights Deceptive and Abusive Practices of Debt Collection Companies Poised to Gain Under the CFPB Proposal View Them All at www.ProfilesInHarassment.org Washington D.C. – As the public comment period deadline nears on the Trump-Kraninger CFPB proposal to…
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CFPB Official Paul Watkins Called Out at Congressional Hearing Over Ties to Anti-LBGT Hate Group, Makes No Apologies, Feigns Ignorance of ADF’s Well-Documented History
Watkins responds to new Allied Progress report finding the CFPB’s Office of Innovation Director may soon have the power to exempt companies from anti-discrimination laws.
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Payday Industry’s ‘Fake’ CFPB Comments Criticized at Congressional Hearing, Adds Pressure on Kathy Kraninger to Restore Integrity to Tainted Payday Rulemaking Process
Allied Progress’ public comment to the CFPB details thousands of suspiciously identical pro-payday ‘personal’ stories submitted.
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REMINDER: As DHS Secretary Nielsen Exits After Shameful Tenure, CFPB Director Kraninger Also “Likely Was Deeply Involved” in Trump’s Despicable Family Separation Policy
It is important not just to cement tragic events, like separating migrant children from their families, into history so that that future leaders never allow it to happen again but it is also important to remember all those who were complicit in it. That includes current CFPB Director Kathy Kraninger.
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Allied Progress Presents Its Final Nominees for The Payday Lenders Hall of Shame
Spoiler Alert: each and every nominee from the predatory lending industry are winners under the Trump administration’s plan to tear up the ability-to-repay standard.