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…
Secretary Antony J. Blinken And Ethiopian Minister of Finance Ahmed Shide Following Tour of UN Logistics Center Warehouse
SECRETARY BLINKEN: Well, good afternoon, everyone. We’ve had an enduring partnership when it comes to humanitarian assistance with Ethiopia, going back decades. And it’s enduring because we’ve had periods of…
CFPB Seeks Ban Against Operator of Student Loan Debt Relief Scam Reboot
Washington, D.C. – Today the Consumer Financial Protection Bureau (CFPB) took action against the owner of a student-loan debt relief company for allegedly withdrawing hundreds of thousands of dollars from…
Deputy Secretary Sherman’s Call with Japanese Vice Minister Mori
The following is attributable to Spokesperson Ned Price: Deputy Secretary of State Wendy Sherman spoke today with Japanese Vice Minister for Foreign Affairs Mori Takeo. Deputy Secretary Sherman welcomed the…
CFPB Launches Inquiry into Practices that Leave Workers Indebted to Employers
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) has launched an inquiry into practices and financial products that may leave employees indebted to their employers. In today’s Request for…
CFPB Report Highlights Experiences of Military Families with Medical Billing, Credit Reporting, and Debt Collection
Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released its annual report on the top financial concerns facing servicemembers, veterans, and military families, based on the complaints they…
CFPB Launches Initiative to Improve Customer Service at Big Banks
Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) is seeking public input on how bank customers can assert their rights to better customer service with big banks. A 2010…
FFIEC Announces Availability of 2021 Data on Mortgage Lending
Washington, D.C. – The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2021 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by…