Tag Archives: BCFP

Another judge has come out and said she thinks the leadership structure of the Bureau of Consumer Financial Protection is unconstitutional. While not exactly a man-bites-dog kind of development, it could set the stage for the Supreme Court to ultimately be asked to weigh in and issue a final thumbs …

A federal judge in New York has ruled that the leadership structure of the Bureau of Consumer Financial Protection is unconstitutional, but denied a motion to dismiss because the New York Attorney General, who is a co-plaintiff in the case, has “alleged plausibility.” The ruling, from Judge Loretta Preska of …

Time for today’s installment in the ongoing saga atop the Bureau of Consumer Financial Protection. Speaking at a financial services technology conference in New York yesterday, Mick Mulvaney, the acting director of the BCFP had an interesting insight when he said that “anybody has to be better than me” at …

A trade group has filed an amicus brief in support of an online lender that is being sued by the Bureau of Consumer Financial Protection for collecting on loans that were allegedly illegal. The lawsuit was filed last November, just a few days before former bureau director Richard Cordray resigned …

Anyone who follows the Bureau of Consumer Financial Protection on a regular basis has been waiting for Sen. Elizabeth Warren [D-Mass.] to weigh in on President Trump’s selection of Kathy Kraninger to be the agency’s next permanent direction and the Senator did not disappoint when she finally broke her silence …

While higher than in April, the overall number of lawsuits filed against collection agencies in May alleging violations of the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and the Telephone Consumer Protection Act continued their year-long decline, according to data released yesterday by WebRecon. Through the first …

The critics are holding nothing back in their disdain for President Trump’s choice of Kathy Kraninger to be the next director of the Bureau of Consumer Financial Protection. It took a couple of days, but Democrats and consumer advocates had their pitchforks and torches out yesterday as they blasted away …

The House Appropriations Committee last week approved a bill aimed at financial services, which, among other things, would bring the budget of the Bureau of Consumer Financial Protection under the Congressional appropriations process starting in 2020. Republicans in Congress have longed for the day when they could have some control …

President Donald Trump has chosen who he wants to be the next director of the Bureau of Consumer Financial Protection and the selection — Kathy Kraninger — caught many by surprise. Kraninger, who is the associate director at the White House Office of Management & Budget, would replace Mick Mulvaney, …

If the Bureau of Consumer Financial Protection decides to make its consumer complaint database private, the former Attorney General of Ohio is going to try and create a copy of the database that the public can have access to. Marc Dann, who was Attorney General of Ohio a decade ago, …