CFPB Takes Action to Protect Depositors from False Claims About FDIC Insurance
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) released an enforcement memorandum today that addresses prohibited practices on claims about Federal Deposit Insurance Corporation (FDIC) insurance. Specifically, firms cannot…
The United States and Niger: A Strategic Partnership
Secretary of State Antony J. Blinken’s travel to Niger on March 16, 2023, is the country’s first visit by a U.S. Secretary of State. He will meet with President Mohamed…
CFPB Bolsters Enforcement Efforts by States
Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule that describes states’ authorities to pursue lawbreaking companies and individuals that violate the provisions of federal…
Joint Statement from the 13th U.S.-Japan Policy Cooperation Dialogue on the Internet Economy
The text of the following statement was released by the Governments of the United States of America and Japan on the occasion of 13th U.S.-Japan Policy Cooperation Dialogue on the…
CFPB and New York Attorney General Shut Down Debt Collection Ring
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed stipulated judgment in federal court to settle its case against…
Secretary Antony J. Blinken With Yonathan Yosef of Fana Broadcasting
QUESTION: Thank you, Secretary of State. Thank you for having us here. Thank you for visiting Ethiopia at this critical time. It means a lot and it shows a really…
CFPB Launches New Effort to Promote Competition and Innovation in Consumer Finance
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) is opening a new office, the Office of Competition and Innovation, as part of a new approach to help spur innovation…
FTC and Justice Department to Hold Annual Spring Enforcers Summit
The Federal Trade Commission and the Justice Department’s Antitrust Division will cohost the second Spring Enforcers Summit on Monday, March 27th. Federal Trade Commission Chair Lina M. Khan and Assistant…
CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms
Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) confirmed that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for credit…
CFPB Issues Order to Terminate Upstart No-Action Letter
Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) issued an order to terminate Upstart Network from its list of approved “no-action letters.” The CFPB had granted special regulatory…