Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage lending and the financial crisis. Berry also has covered big banks including Bank of America, J.P. Morgan Chase and Wells Fargo. She has won five awards from the Society of American Business Writers and Editors, and has worked at several news organizations including the Orange County Register, the Los Angeles Business Journal and the Associated Press. Berry began her career as a clerk at the New York Times.
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The CFPB is looking to rescind Obama-era policy that allowed it to punish banks and financial firms for unintentional discrimination.
May 21 -
Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers.
May 18 -
Mick Mulvaney’s recent comments about the CFPB Qualified Mortgage rule have triggered a debate over whether regulators should take into account more than one underwriting model.
May 17 -
Acting CFPB Director Mick Mulvaney has dropped agency plans to crack down on overdraft programs and large marketplace lenders. Here's what else he's changing.
May 16 -
President Trump has nominated Michael Bright, the current acting president and chief operating officer of Ginnie Mae, to head the agency full time.
May 15 -
The union representing employees at the CFPB is already fighting acting Director Mick Mulvaney's efforts to restructure the agency, and readying for a potentially larger conflict as rumors of layoffs swirl.
May 10 -
The CFPB's acting director announced new political hires and more plans to overhaul the agency in an email Wednesday.
May 9 -
The Senate Banking Committee will consider the nominations of Richard Clarida and Michelle Bowman to the Federal Reserve next week.
May 9 -
The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.
May 8 -
The public face of the Trump administration's revamp of the Consumer Financial Protection Bureau is by no means working alone.
May 7 -
The New Jersey mortgage lender and servicer won a huge victory in January when an appeals court threw out its fine levied by the consumer agency, but the court ruled against the claim that the agency's structure is unconstitutional.
May 3 -
The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina.
April 30 -
Not a penny of the $1 billion fine against Wells Fargo will end up in the hands of customers harmed by practices flagged by regulators.
April 27 -
The CFPB finalized an amendment to its "know before you owe" mortgage disclosure rule that gives lenders more flexibility to adjust closing cost estimates and pass those increases on to borrowers.
April 26 -
The details about political donations to over a dozen lawmakers raise fresh questions about the payday lending sector's influence in Washington.
April 26 -
The agency's acting chief said hundreds of data breaches justified a halt on collecting information from firms, but experts question that logic.
April 23 -
The costly order against Wells Fargo contains both unexpected good news for the bank and more potential problems for its CEO.
April 20 -
Months after President Trump vowed that Wells Fargo would pay a severe penalty, the CFPB and OCC hit the bank with a $1 billion fine to settle claims it overcharged customers for auto insurance and home loans.
April 20 -
The latest fine from regulators was leveled against the bank on Friday. But it's far from the only penalty it has paid in recent years, and more may be on the way.
April 19 -
The CFPB and OCC are expected to assess a $1 billion fine against Wells Fargo for allegedly overcharging customers for auto insurance and home loans.
April 19
