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An uptick in fines and a new tactic to counter claims about the CFPB’s authority contrast sharply with the agency’s rhetoric.
July 25 -
It's imperative that bank executives consider how the country’s trade war could hit their bottom lines.
July 25
MRV Associates -
The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.
July 24 -
The agency’s consumer complaints database must remain available to the public to help prevent further abuses.
July 20
Center for Responsible Lending -
Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.
July 20 -
It may be unprecedented, but it was hardly surprising. Still, it comes at a dangerous time for the Fed. Here’s why.
July 19
American Banker -
The nominee to run the consumer bureau endured tough questioning over the administration’s family-separation policy but appeared to weather the barrage.
July 19 -
The agency creates “regulatory sandbox” to help develop products, including crypto-based ones; FSOC agrees bank’s failure wouldn’t wreck the financial system.
July 19 -
Kathy Kraninger, President Trump’s pick to run the CFPB, will testify before Congress on Thursday in what is likely to be a defining moment for her nomination.
July 18
American Banker -
Just before members were removed from the consumer advisory board last month, acting Director Mick Mulvaney signed an amended charter that would shrink the panel to six members.
July 18 -
Members of the panel and two other advisory boards were all terminated in June and told they could not reapply for their positions.
July 13 -
The industry is slated for another busy week, with more bank results on the horizon, plus a nomination hearing for Trump’s pick to head the CFPB.
July 13
American Banker -
The acting director’s proposal to subject the agency’s rules to congressional approval provides an important and overlooked check on administrative power.
July 12
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The agency, with others, will work to stop consumer fraud; manager of four Morgan Stanley L.A. offices allegedly ignored harassment allegations.
July 12 -
Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports.
July 11 -
The California Democrat would have more of a bully pulpit as chair of the Financial Services Committee, but some say she could take a pragmatic approach to passing banking legislation.
July 10 -
A more conservative court will be likelier to rule favorably on issues ranging from the deference for regulatory agencies to what constitutes a fair-lending violation.
July 9 -
Brian Johnson will serve as the agency's acting deputy director, succeeding Leandra English, who recently said she plans to resign from the CFPB.
July 9 -
A more conservative court will be likelier to rule favorably on issues ranging from the CFPB's leadership structure to what constitutes a fair-lending violation and more.
July 9 -
A judge rules the accounting firm should have detected the fraud that brought down Colonial Bank; Fed deal with Goldman and Morgan Stanley shows softer side.
July 3














