Latest News
Showing the Latest Consumer Financial Protection Bureau (CFPB) Results
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Atlanta Journal-Constitution: Consumer Protection Rule Targeted by Perdue Would Benefit Campaign Donor
Allied Progress, a liberal advocacy group that pushes for tougher rules on Wall Street and payday lenders, is planning to kick off a television and digital ad campaign in the days ahead to pressure GOP senators to vote against Perdue’s bill.
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Prediction: GOP Will Hurl Same Tired Attacks at Consumer Bureau, Cordray, at Today’s Hearing
House Financial Services Committee has held more than sixty hearings targeting the Consumer Bureau with false attacks.
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President Trump Can’t Comb Over the Facts, Dodd-Frank Doesn’t Need a “Major Haircut”
In meeting with Wall Street leaders and corporate executives, Trump backed further away from his commitment to drain the swamp.
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The Hill: Dems Debate Working with GOP on Consumer Bureau Revamp
Progressive groups are pushing Democrats to defend the bureau, the brainchild of Sen. Elizabeth Warren (D-Mass.). The party’s liberal base, still fuming over the 2016 elections, does not want to see any compromise with Republicans over policies won by the left during the Obama era.
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Justice Department Brief Challenging Consumer Bureau’s Independence Misses the Constitutional Mark
Attorney General Sessions goes to bat against CFPB for a Trump administration filled with Wall Street insiders and Goldman Sachs alumni.
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The Mortgage Report: The Department of Justice Changed Its Tune, What Now?
On Friday, the U.S Department of Justice (DOJ) turned against the CFPB, as the DOJ formally announced their support of PHH Corp in the case against the CFPB.
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Consumerist: Bank-Backed Congressman Introducing Law To Gut Consumer Financial Protections
Hensarling’s revisions and original legislation targeting the CFPB aren’t entirely a surprise, as he — and the Financial Services Committee he leads — has strong ties to Wall Street and big banks, Allied Progress reports.
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Congressman Who Thinks Trump Should Fire CFPB Director Also Runs A Wall Street Revolving Door
Rep. Hensarling has also taken an astounding $7.38 million from Consumer Bureau-regulated industries.
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Unlawful for Trump to Fire Consumer Bureau’s Director Like It’s His Reality Show
Consumer Financial Protection Bureau Director Richard Cordray’s work has been a cause for celebration, not a cause for dismissal.
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Cleveland Plain Dealer: Now That Trump Dumped Financial Service Regs, What’s the Response?
Karl Frisch, executive director of Allied Progress, a liberal interest group: “If anyone thought Trump filling his administration with Goldman Sachs executives wouldn’t result in financial policy that stacks the deck against hard-working Americans, this should finally dispel that notion.“