CFPB Reports That More Than 50 Million Credit Card Consumers Have Access to Free Credit Scores
New Study Indicates that Consumers Access Credit Scores and Credit Reports in a Variety of Ways but Confusion Persists WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) reported…
CFPB Seeks to Improve Process for Industry Submission of Consumer Credit Card Agreements
Bureau Proposes to Temporarily Suspend Card Issuers’ Obligation to Submit Credit Card Agreements WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) issued a proposal aimed at improving the…
CFPB Study Finds That Arbitration Agreements Limit Relief for Consumers
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau released a study indicating that arbitration agreements restrict consumers’ relief for disputes with financial service providers by limiting class actions. The…
U.S. Actions Targeting Transnational Criminals for Illicit Fentanyl Activity
Today, the United States is announcing a series of actions against those involved in illicit fentanyl trafficking. Through the Department of State we announced rewards offers for information leading to…
CFPB Report Outlines Legal Violations Uncovered by Supervision
Examiners Recover $19.4 Million in Remediation for more than 92,000 Consumers WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released its latest supervision report highlighting legal violations uncovered…
CFPB Launches Public Inquiry to Inform Agency Review of the Credit Card Market
Bureau Seeks Stakeholder Input on How the Credit Card Market Is Functioning WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) announced it is seeking public comment on how…
Mark Swidan’s Suspended Death Sentence
Today the People’s Republic of China’s Jiangmen Intermediate Court denied wrongfully detained U.S. national Mark Swidan’s appeal, and upheld his death penalty with a two-year suspended death sentence. We are…
CFPB Finalizes Policy to Give Consumers the Opportunity to Voice Publicly Complaints About Financial Companies
Consumers Can Now Opt-In to Share Complaint Narratives in CFPB’s Public Database WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is finalizing a policy to empower consumers to…
The U.S. Department of State and the United States Agency for International Development (USAID) Launch a Call for Concept Proposals for the Blended Finance for the Energy Transition Program
The Department of State, in partnership with USAID, has launched the Blended Finance for the Energy Transition (BFET) program by issuing an initial request for concept proposals for private sector-led…
CFPB Considers Proposal to End Payday Debt Traps
Proposal Would Cover Payday Loans, Vehicle Title Loans, and Certain High-Cost Installment and Open-End Loans WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) announced it is considering proposing…