Secretary Blinken’s Meeting with NATO Secretary General Stoltenberg
The following is attributable to Principal Deputy Spokesperson Vedant Patel: Secretary of State Antony J. Blinken met with NATO Secretary General Jens Stoltenberg today in Brussels ahead of the NATO…
CFPB Explores Ways to Assess the Availability of Credit for Small Business
WASHINGTON, D.C. – The Consumer Financial Protection Bureau today launched an inquiry into ways to gather and use new and existing information to identify the financing needs of small businesses,…
Additional U.S. Security Assistance for Ukraine
Pursuant to a delegation of authority from President Biden, I am authorizing our 35th drawdown of U.S. arms and equipment for Ukraine valued at $500 million. This military assistance package…
CFPB Report Finds That 9 in 10 of the Highest-Risk Student Loan Borrowers Were Not Enrolled in Affordable Repayment Plans
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau released an analysis of a student loan industry data sample showing that 9 in 10 of the highest-risk borrowers were not…
CFPB Monthly Snapshot Spotlights Complaints from Older Consumers
WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) released a monthly complaint report highlighting complaints submitted by older consumers. The snapshot shows that older consumers frequently report servicing…
Consumer Financial Protection Bureau Takes Action Against Fay Servicing for Failing to Provide Mortgage Borrowers with Protections Against Foreclosure
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against mortgage servicer Fay Servicing for failing to provide mortgage borrowers with the protections against foreclosure that are…
Consumer Financial Protection Bureau Study Finds Consumers in Lower-income Areas are More Likely to Become Credit Visible Due to Negative Records
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released a study on the transition to credit visibility that found that the way consumers establish credit history can differ…
Consumer Financial Protection Bureau Encourages Retail Credit Card Companies to Consider More Transparent Promotions
WASHINGTON, D.C.– The Consumer Financial Protection Bureau (CFPB) today announced it has sent letters to top retail credit card companies encouraging them to consider using more transparent promotions. Many retailers…
CFPB Seeks Comment on Proposed Changes to Prepaid Rule
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced today that it is seeking comment on proposed updates to its prepaid rule. The CFPB issued the prepaid rule in…
CFPB Spotlights Borrower Complaints About Student Loan Servicers Mishandling Public Service Loan Forgiveness Program
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a report spotlighting complaints from borrowers about student loan servicers mishandling Public Service Loan Forgiveness. The Public Service Loan…