CFPB Proposes Changes to Mortgage Data Rule Reporting Threshold for Community Banks and Credit Unions
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a proposal on reporting requirements for banks and credit unions that issue home-equity lines of credit. Under rules that…
Secretary Antony J. Blinken at Finland’s NATO Instruments of Accession Ceremony
SECRETARY BLINKEN: Well, Secretary General, Mr. Minister, I’m delighted to report that just a few moments ago, Türkiye deposited with me, on behalf of the United States, Türkiye’s ratification of…
CFPB Warns Companies Against Tricking Consumers Into Expensive Pay-By-Phone Fees
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today issued a bulletin warning companies about tricking consumers into expensive pay-by-phone fees. The Bureau is concerned about companies potentially misleading…
CFPB Takes Action Against JPMorgan Chase for Failures Related to Checking Account Screening Information
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against JPMorgan Chase Bank, N.A. for failures related to information it provides for checking account screening reports. Banks…
CFPB Unveils Prototypes of “Know Before You Owe” Overdraft Disclosure Designed to Make Costs and Risks Easier to Understand
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today unveiled new Know Before You Owe overdraft disclosure prototypes designed to improve the model form that banks and credit unions…
Finland’s Accession to NATO – United States Department of State
On this historic day as we mark the 74th anniversary of NATO, we also welcome Finland as NATO’s 31st Ally. Finland is stronger and safer within the Alliance, and the…
CFPB Finds Percentage of Borrowers with $20K in Student Debt Doubled Over Last Decade
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau released a new data point finding that nearly half of student loan borrowers leave school owing at least $20,000 – double…
CFPB Takes Action Against Aequitas Capital Management for Aiding Corinthian Colleges’ Predatory Lending Scheme
WASHINGTON, D.C. — The Consumer Financial Protection Bureau today filed a complaint and proposed settlement against Aequitas Capital Management, Inc. and related entities, for aiding the Corinthian Colleges’ predatory lending…
CFPB and American Express Reach Resolution to Address Discriminatory Card Terms in Puerto Rico and U.S. Territories
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today took action against two American Express banking subsidiaries for discriminating against consumers in Puerto Rico, the U.S. Virgin Islands, and…
To Walk the Earth in Safety: New Report Showcases U.S. Global Leadership in Conventional Weapons Destruction and Landmine Clearance
On April 4, 2023, the Office of Weapons Removal and Abatement in the U.S. Department of State’s Bureau of Political-Military Affairs released the 22nd Edition of To Walk the Earth…