Consumer Financial Protection Bureau Settles with Short-term Lenders for Engaging in Unfair and Deceptive Acts and Practices
WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (Bureau) announced a settlement with Main Street Personal Finance, Inc. and its subsidiaries—ACAC, Inc., which conducts business under the name Approved…
Consumer Financial Protection Bureau Takes Action to Help Consumers Receive Relief from Credit Card Issuers
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today took action to help consumers receive relief during the pandemic more quickly from their credit card issuer. Regulation Z requires…
Secretary Antony J. Blinken Opening Remarks Before the House Committee on Foreign Affairs On the FY24 Department of State Budget Request
SECRETARY BLINKEN: Mr. Chairman, thank you very, very much. To you, to Ranking Member Meeks, to all the members of the committee, thank you for the opportunity to speak with…
CFPB and State Regulators Provide Additional Guidance to Assist Borrowers Impacted by the COVID-19 Pandemic
WASHINGTON, D.C. – The Consumer Financial Protection Bureau and the Conference of State Bank Supervisors issued joint guidance to mortgage servicers to assist in complying with the Coronavirus Aid, Relief…
CFPB Takes Steps to Facilitate LIBOR Transition
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today took steps to facilitate the transition away from LIBOR for consumers and regulated entities. The Bureau released an updated Consumer…
CFPB Releases Tool to Help Communities Prevent and Respond to Elder Fraud
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today released an online resource to help communities form networks to increase their capacity to prevent and respond to elder financial…
Invocation of the OSCE Moscow Mechanism to Examine Reports of Human Rights Abuses Committed by Lukashenka Regime
The United States and 37 other countries have invoked the OSCE Moscow Mechanism requesting that the Organization for Security and Cooperation in Europe’s (OSCE) Office of Democratic Institutions and Human…
Consumer Financial Protection Bureau Launches Pilot Advisory Opinion Program to Provide Regulated Entities Clear Guidance and Improve Compliance
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today launched a pilot advisory opinion (AO) program to publicly address regulatory uncertainty in the Bureau’s existing regulations. The pilot AO…
Consumer Financial Protection Bureau Takes Steps to Address GSE Patch
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today issued two Notices of Proposed Rulemaking (NPRMs) to address the impending expiration of the Government-Sponsored Enterprises Patch (GSE Patch). The…
FTC Approves Horseracing Integrity and Safety Authority’s Anti-Doping and Medication Control Rule
The Federal Trade Commission has issued an Order approving the Anti-Doping and Medication Control rule proposed by the Horseracing Integrity and Safety Authority after a public comment period. The rule…