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February 7, 2023

CFPB

Article

CFPB sues TransUnion for violating previous agreement

April 12, 2022 Ken Sweet, Associated Press

NEW YORK — The Consumer Financial Protection Bureau is suingTransUnion and one of its long-time executives alleging that the credit company completely “disregarded” a previous order from five years ago to stop selling dubious credit-related […]

Article

Consumer watchdog to probe Big Tech payment systems

October 22, 2021 Ken Sweet, Associated Press

NEW YORK — In its first significant action under a new director, the Consumer Financial Protection Bureau is ordering Apple, Amazon, PayPal and other tech giants to reveal how their proprietary payment networks function. Apple […]

Article

Biden choice for watchdog makes debut in nomination hearing

March 3, 2021 Ken Sweet, Associated Press

CHARLOTTE — President Joe Biden’s nominee to run the federal consumer watchdog agency is likely to be face hostile questioning from Republican Senators on Tuesday, but is likely to be confirmed with Democrats controlling a […]

Article

Court says president can fire Consumer board head ‘at will’

June 29, 2020 Jessica Gresko, Associated Press

WASHINGTON, D.C. — In a ruling underscoring the power of the president, the Supreme Court on Monday made it easier for the president to fire the head of the Consumer Financial Protection Bureau. The justices […]

Opinion

CFPB’s controversial structure looms over leadership showdown

November 29, 2017 admin

When Congress authorized the Consumer Financial Protection Bureau’s establishment in 2010’s Dodd-Frank Financial Reform Act, lawmakers were determined to ensure the agency’s independence from the executive branch. The law called for a single director, rather […]

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