Browsing: CFPB

Key Insight: Acting Consumer Financial Protection Bureau Director Russell Vought says he cannot request money for the bureau because the Federal Reserve System has not turned…

Key Insight: The Consumer Financial Protection Bureau’s new “Humility Pledge” is mandated for all supervisory examiners, with a focus on pressing threats to consumers, particularly service…

Key Insight: Acting CFPB Director Russell Vought claims the agency will run out of funding by year-end and cannot pay employees, so it is transferring its…

Key insight: The Synapse bankruptcy dismissal raises questions about whether and when victims will be reimbursed. Supporting data: The CFPB Civil Penalty Fund balance is $118.9…

Key Insight: The Consumer Financial Protection Bureau is slated to publish a new proposed small business data collection rule in the Federal Register Thursday that scales…

Key Insight: The Consumer Financial Protection Bureau’s proposal comes as auto loan delinquencies are hitting their highest levels in decades. What’s at Stake: Banks object to reduced…

Russell Vought, acting director of the Consumer Financial Protection Bureau, also heads the Office of Management and Budget.Andrew Harrer/Bloomberg Key Insight: The rescission of the two…

Key insight: The Department of Justice filed a motion opposing a Consumer Financial Protection Bureau employee union’s appeal of a DC Circuit ruling allowing the administration…

Key Insight: A higher volume of litigation necessitates the hiring of more defense and appellate counsel.What’s at Stake: A shortage of attorneys could delay rulemakings and…

What’s at Stake: A federal appeals court found that Nexus Services and Libre by Nexus violated multiple court orders and failed to produce documents in discovery.Key…