CFPB News & Analysis
CFPB News & Analysis
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The Consumer Financial Protection Bureau said Experian sold consumers an "educational" credit score and falsely claimed in advertisements that the score was used by lenders to make credit decisions.
March 23 -
Card issuers are sounding the alarm about the Consumer Financial Protection Bureau's final prepaid rule, claiming that without fixes the agency has opened the door to potential fraud on unregistered cards.
March 23 -
During a panel discussion Tuesday, regulators said they are trying not to crack down too hard on sales incentive programs and fix problems that bankers have identified with the exam system.
March 21 -
A district court judge on Friday dealt a blow to the Consumer Financial Protection Bureau by saying the agency failed to present enough facts in its case against Intercept Corp.
March 17 -
The Justice Department told a federal appeals court on Friday that President Trump should have the authority to fire the head of the Consumer Financial Protection Bureau.
March 17 -
Nationstar Mortgage agreed on Wednesday to pay $1.75 million to the Consumer Financial Protection Bureau for failing to accurately report home mortgage data that is used to identify discrimination.
March 15 -
Banks are stepping up their efforts to win a key exception to the Consumer Financial Protection Bureau's "Qualified Mortgage" rule.
March 13 -
The Consumer Financial Protection Bureau said Thursday that it will delay the effective date of its final rule on prepaid cards by six months because industry participants need more time to comply.
March 9 -
In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.
March 9 -
Banks and consumer rights groups appear to have found unusual common ground in the debate over screen scraping, asking the CFPB to weigh in on the application of certain regulations to fintech companies that aggregate financial data on customers' behalf.
March 8 -
Fearing regulatory fines, banks have retreated from selling identity protection in recent years. Institutions will get back in the market if the Consumer Financial Protection Bureau is weakened.
March 8 -
Democratic senators are gearing up for a showdown with Republicans over a Consumer Financial Protection Bureau rule governing arbitration agreements in financial contracts.
March 7 - Finance and investment-related court cases
The Justice Department plans to defend President Trump's executive authority by siding with PHH Corp. in the mortgage lender's controversial case alleging the Consumer Financial Protection Bureau is unconstitutional.
March 6 -
Republicans have opened multiple fronts against the agency, undertaking separate efforts to cut its funding, roll back past and future rules, and make far broader changes.
March 3 -
With the new administration and eventual new leadership of the regulatory agencies, banks’ calculus that agreeing to consent orders is usually the right course is potentially changing.
March 2 -
In an exclusive American Banker poll, bankers see President Trump as a positive force for the financial services industry and are optimistic his administration can deliver on CFPB reform and simpler capital rules.
February 27 -
CFPB overreach continues to negatively impact credit unions, who are being punished for behaviors they never engaged in. The easiest way to provide regulatory relief for CUs is to finally exempt the movement from all CFPB oversight.
February 24 -
The Consumer Financial Protection Bureau's arbitration rule will likely be overturned by Congress if the agency moves ahead with finalizing it.
February 23 - Finance and investment-related court cases
The Consumer Financial Protection Bureau faces its first jury trial in April in a case that could test whether the embattled agency is overstepping its authority and if it can engage in what critics see as Operation Choke Point-style tactics.
February 22 -
A rollback of fair-lending enforcement activity undertaken by the previous administration would deny justice to millions of families that are subjected to discriminatory practices.
February 22



















