CFPB Takes Action Against Choice Money for Remittance Failures
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) is taking action against Choice Money Transfer (Choice Money) for multiple violations of the Remittance Transfer Rule and the Electronic Fund…
CFPB Report Finds High Fees Charged on Student Banking Products Endorsed by Colleges
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) published a report on terms and fees associated with banking products marketed in partnership with colleges to students. The report raises…
Agencies Announce Dollar Thresholds in Regulation Z and Regulation M for Exempt Consumer Credit and Lease Transactions
Washington, D.C. – The Federal Reserve Board and the Consumer Financial Protection Bureau today announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2023…
AUKUS Leaders’ Announcement – United States Department of State
Today, President Biden, British Prime Minister Sunak, and Australian Prime Minister Albanese announced the optimal pathway for Australia to acquire conventionally armed, nuclear-powered submarines (SSNs) under the Australia, United Kingdom,…
Agencies Announce Threshold for Smaller Loan Exemption from Appraisal Requirements for Higher-Priced Mortgage Loans
Washington, D.C. – The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency today announced that the 2023 threshold for exempting loans…
The United States and Ethiopia: A Long-Term Partnership
U.S.-Ethiopia Relations The United States and Ethiopia share a long-standing and important partnership based on mutual interests in promoting peace, stability, and economic development. The United States has maintained diplomatic…
CFPB Sues Payment Platform Used by YMCA Camps and Charity Race Organizers for Illegally Cramming Consumers With Junk Membership Fees
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued the online event registration company ACTIVE Network for tricking people trying to sign up for fundraising road races and…
Special Envoy Medina’s Travel to Pakistan
Special Envoy for Biodiversity and Water Resources Monica Medina will travel to Islamabad and Karachi, Pakistan, March 15-17 to participate in the U.S.-Pakistan Climate and Environment Working Group. She will…
CFPB Takes Action to Address Junk Data in Credit Reports
Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to consumer reporting companies about their obligation to screen for and eliminate obviously false “junk data” from consumers’…
Assistant Secretary of State for International Organization Affairs Sison’s Travel to Switzerland
Assistant Secretary of State for International Organization Affairs Michele Sison will travel to Geneva, Switzerland, March 15-20. During her trip, the Assistant Secretary will meet with a wide range of…