Agencies Issue Statement to Clarify Supervisory and Enforcement Responsibilities For Federal Consumer Financial Laws
WASHINGTON, D.C.– A statement that explains how the total assets of an insured bank, thrift or credit union will be measured for purposes of determining supervisory and enforcement responsibilities under…
CFPB Seeks Input on Streamlining Inherited Regulations
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today announced that it is seeking public input on ways to streamline the regulations under more than a dozen consumer financial…
CFPB Releases Initial Report on Credit Card Complaints
Seeks Public Comment on Complaint Disclosure Policy WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued a report on its first three months of collecting credit card complaint…
SIGTARP, CFPB, and Treasury form Joint Task Force to Combat HAMP Mortgage Modification Scams; Release a Consumer Fraud Alert to Protect Homeowners
WASHINGTON, DC – The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), the Consumer Financial Protection Bureau (CFPB), and the U.S. Department of the Treasury…
CFPB Aims to Simplify Credit Card Agreements
Agency Announces Plans to Pilot Test Prototype Agreement; Invites Public to Weigh In WASHINGTON, D.C. – Today, at a news conference in Cleveland, Ohio, the Consumer Financial Protection Bureau (CFPB)…
CFPB Begins Taking Whistleblower Tips
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today announced several ways that whistleblowers can alert the Bureau to potential violations of federal consumer financial laws. Information about whistleblower…
Sanctioning Russian Federation and Iranian State Actors Responsible for the Wrongful Detention of U.S. Nationals
The United States has no higher commitment than bringing home wrongfully detained Americans. Today, we are promoting accountability for those responsible for wrongfully detaining U.S. nationals abroad. Our actions are…
CFPB Launches Nonbank Supervision Program
Federal Agency to Oversee Nonbanks for the First Time WASHINGTON, D.C.—The Consumer Financial Protection Bureau (CFPB) today launched the nation’s first federal nonbank supervision program, one of the central new…
Raj Date Named Deputy Director of the Consumer Financial Protection Bureau
Kent Markus to Fill Assistant Director of Enforcement Position Vacated by Cordray WASHINGTON, D.C. – Consumer Financial Protection Bureau Director Richard Cordray today named Raj Date the agency’s first Deputy…
CFPB Releases Mortgage Origination Examination Procedures
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today announced a key initial step in implementing its Nonbank Supervision program — the publication of the Mortgage Origination Examination Procedures.…