CFPB Monthly Complaints Snapshot Spotlights Credit Reporting Complaints
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released its monthly consumer complaint snapshot, highlighting credit reporting complaints. The report shows that consumers continue to complain about incorrect…
CFPB Takes Action Against Former Wells Fargo Employee for Illegal Mortgage Fee-Shifting
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) has taken action against a former Wells Fargo employee for an illegal mortgage fee-shifting scheme. The CFPB found that David Eghbali…
Consumer Financial Protection Bureau Proposes Rule to End Payday Debt Traps
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today proposed a rule aimed at ending payday debt traps by requiring lenders to take steps to make sure consumers have…
Consumer Financial Protection Bureau Sues Payment Processor For Enabling Unauthorized Withdrawals And Other Illegal Acts By Clients
WASHINGTON, D.C. —The Consumer Financial Protection Bureau today filed suit against payment processer Intercept Corporation and two of its executives, Bryan Smith and Craig Dresser, for allegedly enabling unauthorized and…
Consumer Financial Protection Bureau Unveils New Know Before You Owe Auto Loans Shopping Sheet
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) is unveiling an “auto loan shopping sheet,” a step-by-step guide, and additional online resources as part of a new Know…
Consumer Financial Protection Bureau Announces Annual Dollar Thresholds in Truth in Lending Act Regulations for Certain Credit Transactions
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) announced its annual adjustments to the dollar amounts of various thresholds under the Truth in Lending Act regulations that will…
Consumer Financial Protection Bureau Supervision Finds Mortgage Servicers’ Ongoing Technology Failures and Process Breakdowns Trigger Rule Violations
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) released a special edition supervision report focused specifically on mortgage servicers. The report found that some mortgage servicers continue to…
After Action Review on Afghanistan
In December of 2021, I asked Ambassador Dan Smith to lead an After Action Review of the Department of State’s execution of its duties related to ending the U.S. military…
Consumer Financial Protection Bureau Monthly Complaint Snapshot Auto And Other Consumer Loan Complaints
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released a monthly complaint snapshot highlighting complaints about consumer loans including vehicle loans and leases, installment loans, title loans, and…
Joint Statement by the United States, the Republic of Korea, and Japan Special Representatives for the Democratic People’s Republic of Korea (DPRK)
The following text is a joint statement by the U.S. Special Representative for the DPRK Sung Kim, the Republic of Korea (ROK) Special Representative for Korean Peninsula Peace and Security…