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The CFPBs rapid pace is likely to continue this year as it tackles some of its trickiest areas yet, including payday loans, debt collection and overdraft protection, which are likely to have a significant impact on the financial services arena.
January 2 -
The CFPB sued Sprint on Wednesday, claiming it allowed illegal charges onto customer's cell phone bills. The case is likely to be a test of whether the agency has the power to oversee telecommunications firms.
December 17 -
WASHINGTON The Consumer Financial Protection Bureau is urging the Department of Defense to finalize a proposal meant to stop lenders from offering expensive credit to military personnel.
December 29
WASHINGTON Two officials at the Consumer Financial Protection Bureau have been named into key roles, the agency confirmed Tuesday.
Tony Alexis, who has been with the agency since 2012, has been promoted to serve as director of enforcement at the CFPB. His predecessor, Kent Markus, will become a senior advisor to the CFPB's second in command, Steven Antonakes.
Alexis was previously the deputy assistant director of enforcement. Markus has been in leadership roles within enforcement at the CFPB since 2011, when the agency was just getting off the ground. Prior to that, Markus was chief legal counsel and chief ethics officer for the State of Ohio (CFPB Director Richard Cordray was previously the attorney general for Ohio).
Alexis spent 13 years as an assistant U.S. Attorney in Washington and then as a partner at Mayer Brown law firm before joining the CFPB in 2012.
