Tag Archives: CFPB

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, …

President Trump is planning on naming the next permanent director of the Bureau of Consumer Financial Protection before the end of next week, acting director Mick Mulvaney said yesterday. Even though the White House will nominate someone to be the next director, it will likely be months before that individual …

The new attorney general of New York is picking up the consumer protection battle right where her predecessor left off, and is planning on taking on the Bureau of Consumer Financial Protection. Barbara Underwood, who took over from Eric Schneiderman last month when he resigned abruptly, said she is leading …

Mick Mulvaney has taken the next step in transforming the name of the agency he is temporarily running. It was noted yesterday that the sign outside the headquarters for the Bureau of Consumer Financial Protection had been changed. Gone was the CFPB and in its place was: Making America a …

As the Bureau of Consumer Financial Protection (slowly) considers a rule governing debt collections, a right-leaning think-tank has published its recommendations for how the agency should approach its rulemaking process. [Editor’s Note: Speaking of the proposed debt collection rule — have you entered our pool yet? If you have entered, you …

A consumer advocacy group has stepped and taken the step usually performed by the Bureau of Consumer Financial Protection and published a list of the debt collection companies that have received the most complaints filed by consumers with the CFPB’s consumer complaint database. The CFPB published a Complaint Snapshot report …

Editor’s Note: Updated with comments from current and former members of the Consumer Advisory Board below.  Mick Mulvaney, the acting director of the Bureau of Consumer Financial Protection, does not appear to take criticism well. Days after nearly half of the agency’s Consumer Advisory Board spoke out and shared their …

  The lone member of the Bureau of Consumer Financial Protection’s Consumer Advisory Board who has ties to the ARM industry is willing to give acting director Mick Mulvaney the benefit of the doubt after he has canceled a CAB meeting that was supposed to be held today. A number …