CFPB Considers Proposal to Ban Arbitration Clauses that Allow Companies to Avoid Accountability to Their Customers
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) announced it is considering proposing rules that would ban consumer financial companies from using “free pass” arbitration clauses to block…
U.S. – Taiwan Working Group Meeting on International Organizations
On April 10, 2023, the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office in the United States (TECRO) convened representatives of the U.S. Department of…
CFPB Provides Guidance About Marketing Services Agreements
Bulletin Highlights Risks of Agreements Violating Federal Prohibition on Mortgage Kickbacks WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a bulletin providing guidance to the mortgage industry…
Joint Statement of the U.S.-Philippines 2+2 Ministerial Dialogue
The text of the following statement was released by the governments of the United States of America and of the Philippines on the occasion of the U.S.-Philippines 2+2 Ministerial Dialogue.…
CFPB Finalizes Rule to Improve Information About Access to Credit in the Mortgage Market
Bureau Takes Steps to Simplify the Reporting Process for Financial Institutions WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule to improve information reported about the…
Announcing Matthew Miller as State Department Spokesperson
Today, I am appointing Matthew Miller as the next State Department Spokesperson. I benefitted greatly from Matt’s wisdom, his experience in government, and his deep understanding of foreign policy when…
Consumer Financial Protection Bureau Releases Financial Education Curriculum Review Tool
Resource Will Help Guide Educators Looking to Select Appropriate Financial Education Material for Students WASHINGTON, D.C – Today the Consumer Financial Protection Bureau (CFPB) is releasing a tool that educators…
Statement by CFPB Director Richard Cordray on RushCard Prepaid Card Incident
### The Consumer Financial Protection Bureau (CFPB) is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules,…
CFPB Monthly Complaint Snapshot Spotlights Credit Card Complaints
Report Also Includes In-Depth Look at Consumer Complaints in the Chicago Metro Area WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released its latest monthly consumer complaints snapshot,…
On the Sentencing of Human Rights Defenders Xu and Ding
The United States condemns the People’s Republic of China’s (PRC) unjust detention and sentencing of human rights defenders Xu Zhiyong and Ding Jiaxi. On April 10, PRC courts sentenced Xu…