Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
Collections for telecommunications debt – for example, money owed for landline or cell phone, cable or Internet – showed up in more than 1 in 5 consumer credit reports from mid-2013 to early 2018, but […]
Federal financial industry regulators will jointly host the first-ever Financial Regulatory Agencies’ Diversity and Inclusion Summit Sept. 13 in New York City, the federal agency that regulates credit unions said in an email announcement Monday. […]
The Bureau of Consumer Financial Protection (BCFP) is warning servicemembers to heed new federal security clearance guidelines that provide for “continuous” monitoring of the financial status of servicemember with security clearances. This monitoring, undertaken by […]
Final revisions providing an exemption from annual privacy notice requirements for financial institutions meeting certain conditions take effect Sept. 17, according to a notice in the Federal Register from the Bureau of Consumer Financial Protection (BCFP, […]
Rescheduled votes on nominations for Kathleen (“Kathy”) Kraninger to be director of the Bureau of Consumer Financial Protection (BCFP, formerly known as the CFPB), and five others, are set for Thursday by the Senate Banking […]
Fostering interaction between “innovative firms” and regulators internationally in order to “create a new framework for cooperation between financial services regulators on innovation-related topics” is the aim of an effort announced Tuesday by the federal […]
Exploring challenges many consumers face in accessing credit, including strategies and innovations for them to pursue in overcoming barriers and expand their credit access, is the aim of a one-day session planned by the federal […]
The Senate Banking Committee Wednesday postponed Thursday votes on nominations for Kathleen “Kathy” Kraninger to be director of the Bureau of Consumer Financial Protection (BCFP, formerly known as the CFPB), and five others, as the […]
The Bureau of Consumer Financial Protection (BCFP, formerly known as CFPB) is in the process of renewing its collection of consumer and college credit card agreements, and those interested can still submit comments on the […]
Calling it an important step to “promote innovation in the financial services marketplace,” the acting director of the federal consumer financial protection agency late Tuesday praised action by the Treasury Department and the regulator of […]
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