Latest News
Showing the Latest Consumer Financial Protection Bureau (CFPB) Results
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Mulvaney Drops Lawsuit Against Payday Lenders Hiding Behind Tribes to Charge 950% Interest Rates
Payday lenders were accused of deceiving consumers and failing to disclose the true cost of the loans, which carried interest rates as high as 950 percent a year.
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Mulvaney Wants to Drain CFPB’s Emergency Reserve Fund
Mulvaney requested zero dollars from the Federal Reserve to fund the CFPB and will instead drain its emergency “reserve fund” leaving it vulnerable to crisis.
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Mulvaney Asks Industry for Help Destroying the Consumer Bureau
“This is essentially like asking the fox, in what order it would like to eat the hens,” said Karl Frisch, executive director of Allied Progress.
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Mulvaney’s CFPB Stands with Predatory Payday Lenders, Stabs Consumers in the Back
Just weeks into his role as “acting director” Mick Mulvaney is already doing favors for industry that gave him thousands.
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BREAKING: Trump Short-Lister for CFPB Director Apparently Violated Ethics Rules
National Credit Union Administration head Mark McWatters voted to loosen regulations on AIG while failing to disclose stock holdings.
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Mulvaney Puts CFPB Fund to Educate Consumers and Compensate Victims Under “Strictest Review”
“Acting Director” doesn’t want to compensate victims or educate more Americans about the CFPB and its important mission.
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Top Mulvaney Staffer Placed at CFPB Lobbied Against CFPB Protections from Discriminatory Auto Lending
Doyle lobbied against the CFPB’s work protecting consumers from auto lending discrimination. Now she’s at the CFPB and Mulvaney says they are reviewing the issue.
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Revolving Door in Full Swing at Mulvaney’s CFPB as Consumers Are Left out in the Cold
Kirsten Sutton Mork was a lobbyist at a firm representing banks and anti-regulation special interests before running Rep. Hensarling’s anti-CFPB House Financial Services Committee.
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Why is This Minnesota Democrat Attempting to Sabotage Obama’s Payday Lending Rule?
Rep. Peterson is giving his Republican colleagues a boost by going against President Obama’s legacy and American consumers.
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Why is This Texas Democrat Attempting to Sabotage Obama’s Payday Lending Rule?
Rep. Cuellar is doing his Republican colleagues a favor by undermining President Obama’s hard work to protect consumers from predatory payday lenders.