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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Purported revisions to House Republicans' Dodd-Frank rollback bill raised immediate questions about the GOP's strategy, since the provisions — which were more extreme than when the bill was unveiled last year — promptly sparked Democratic opposition.
February 9 -
A House plan to provide regulatory relief will be more far-reaching when it is reintroduced soon by rendering the consumer protection agency toothless and providing banks with extra incentives to opt into a deregulatory plan.
February 9 -
Some experts say President Trump is being advised to hold off on firing CFPB Director Richard Cordray to get the Supreme Court to rule on the extent of the president's executive powers.
February 8 -
The Consumer Financial Protection Bureau and the New York attorney general filed a lawsuit Tuesday against a New Jersey law firm and its owner for allegedly luring 9/11 first responders and football players with brain injuries into taking out loans with high interest rates as advances on settlements.
February 7 -
A federal appeals court on Thursday denied efforts by 16 Democratic attorneys general, several consumer groups and two Democratic lawmakers to defend the CFPB in a critical case.
February 2 -
The Consumer Financial Protection Bureau on Wednesday ordered Mastercard and the prepaid debit card company UniRush to pay $13 million in restitution and fines for a service breakdown in October 2015 that left thousands of customers without access to their accounts.
February 1 -
The Consumer Financial Protection Bureau hit Prospect Mortgage with a $3.5 million fine for illegally paying kickbacks to two real estate brokers and a mortgage servicer.
January 31 -
Democrats boycotted the Senate Finance Committee's planned vote Tuesday on the nomination of Treasury Secretary-designate Steven Mnuchin, temporarily preventing it from moving forward.
January 31 -
PHH Corp. is opposing an attempt by Democratic attorneys general in 16 states and the District of Columbia to intervene in an appeals court case that found the Consumer Financial Protection Bureau unconstitutional.
January 30 -
The CFPB sued the attorneys and law firm that worked with now-bankrupt debt relief firm Morgan Drexen, alleging they continued a scam that charged millions in fees to thousands of consumers seeking debt relief.
January 30 -
Democrats and progressive groups have drawn a line in the sand over Consumer Financial Protection Bureau Director Richard Cordray, hoping to capitalize on the successful march on Washington this past weekend to rally support for him and his agency.
January 26 -
Democratic attorneys general in 16 states and the District of Columbia have asked to defend the Consumer Financial Protection Bureau in a controversial appeals court case, citing an "urgent" need to protect its director, Richard Cordray, from being fired by President Donald J. Trump.
January 24 -
The Consumer Financial Protection Bureau's Director Richard Cordray refused to comment on how he would respond if President Donald J. Trump asked for his resignation, but said the independence of the consumer watchdog agency was "worth fighting for."
January 24 -
The Consumer Financial Protection Bureau is ramping up enforcement actions ahead of a possible political showdown between President Donald J. Trump and the agency’s director, Richard Cordray.
January 23 -
The Consumer Financial Protection Bureau ordered two units of Citigroup to pay a combined $28.8 million for failing to help borrowers with foreclosure relief.
January 23 -
Native American tribal lenders that market small-dollar and installment loans can be investigated by the Consumer Financial Protection Bureau, a California appeals court ruled Friday in a victory for the consumer agency.
January 20 -
The Consumer Financial Protection Bureau on Thursday
sued TCF National Bank for what the bureau said were deceptive and abusive practices in selling overdraft services.January 19 -
The Consumer Financial Protection Bureau and two states on Wednesday sued the nation's largest student loan servicer, Navient, for allegedly systematic failures in processing loan payments and failing to enroll borrowers in less expensive repayment plans.
January 18 -
A House Republican report, charging that Consumer Financial Protection Bureau Director Richard Cordray "may have broken the law" when the agency cracked down on auto lenders, appeared to escalate the GOP's clash with the agency.
January 18 -
Top Democrats vowed Tuesday to defend the Consumer Financial Protection Bureau, predicting Director Richard Cordray will file a lawsuit if he were fired by Donald Trump after he is sworn in as president.
January 17
