Latest News
Showing the Latest Consumer Financial Protection Bureau (CFPB) Results
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Allied Progress Launches Investigation into Ed Department’s Decision to Cut Ties with Consumer Bureau
Trump Administration brings assault on consumer protections to student loan borrowers.
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Is the GOP’s Arbitration CRA DOA?
Bipartisan opposition is growing to congressional Republicans’ efforts to repeal the Consumer Financial Protection Bureau’s (CFPB) rule on forced arbitration.
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Wells Fargo Offers 1.4 Million More Reasons to Protect Arbitration Rule
The newest revelation in the Wells Fargo fake account scandal underscores the importance of the CFPB’s arbitration rule.
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New Ad Alert: Chamber’s Anti-CFPB Ad All Froth, No Fact on Forced Arbitration Rule
In new ad, Chamber of Commerce uses Wall Street talking points and outright falsehoods to attack CFPB’s important forced arbitration rule
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ICYMI: Debunking Wall Street’s Arbitration Myths
In a New York Times op-ed, CFPB Director Richard Cordray explains how big banks win and consumers lose if the Consumer Bureau’s new arbitration is repealed by Congress.
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Consumer Affairs: Feds End Consumer Measure That Earned Wrath of Payday Lenders, Republicans and Sex Industry
A letter obtained by Allied Progress, a consumer group that had supported the initiative, reveals that the Department of Justice is ceding to demands to end Operation Choke Point.
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Politico: Justice Department to end Obama-era ‘Operation Choke Point’
Karl Frisch, executive director of Allied Progress, blasted the letter as “a massive giveaway to predatory payday lenders and other shady financial scam-artists.
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Law360: Justice Dept. To End Obama-Era Operation Choke Point
By Evan Weinberger The U.S. Department of Justice on Wednesday said it is set to end a controversial Obama-era program that sought to cut off scammers from the U.S. financial system but, critics say, ended up targeting payday lenders, gun shops and other businesses that were out of favor with the previous administration. Assistant Attorney General…
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Hensarling, Industry, and GOP Campaign Committee Demonstrate Contempt for Consumers in Baseless Attacks on CFPB and Its Director
In recent days, financial industry groups, a Republican campaign committee, and Wall Street-backed congressional leaders have escalated their all-out war on the Consumer Financial Protection Bureau (CFPB) and its director, Richard Cordray, with a flurry of conveniently interrelated actions occurring within days of each other.
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Interactive Website Launched Highlighting Consumer Bureau Victories State-By-State
Tool tracks Consumer Financial Protection Bureau’s efforts to protect consumers from big banks, predatory lenders, and other financial institutions.