New rules governing the CFPB’s enforcement work
Today, the CFPB is posting three final rules and one interim final rule that we have sent to the Federal Register for publication. The rules deal with our...
Blog
Protecting the public’s trust
We would be hard pressed to ensure that markets for consumer financial products and services are fair, transparent and competitive without the trust of...
Live from Durham, NC!
On May 23rd, we visited Durham, NC, to hold a field hearing on general purpose reloadable prepaid cards, commonly known as prepaid cards. In concert with...
Empowering America’s consumers
Last week, I joined the Bureau as Assistant Director of the Office of Financial Empowerment, which is part of our Division of Consumer Education and...
Save the date, Durham, NC!
The Bureau invites you to participate in a field hearing in Durham, North Carolina on prepaid cards. The field hearing will take place on Wednesday, May 23...
Continuing our promise of diversity
Today is my first day as the Director of the Office of Minority and Women Inclusion at the CFPB. I'm coming to the CFPB after serving nine years at the U.S...
Join us in Cleveland and New York: We’re recruiting a 21st century supervision workforce
Since we opened for business on July 21, 2011, we have been building our supervision team. On Friday, April 27 in Cleveland and Friday, May 4 in New York...
Something Good in Memphis
Last week, I had the good fortune to spend two full days in Memphis, Tennessee, with my friend and colleague, Holly Petraeus, who heads the CFPB's Office of...
The CFPB’s source code policy: open and shared
The Bureau was fortunate to be born in the digital era. We've been able to rethink many of the practices that make financial products confusing to consumers...
Utah: A Leader in Protecting Seniors from Exploitation
When Utah Attorney General Mark Shurtleff invited me to Salt Lake City to meet with him, state and local senior services, and law enforcement groups, I...
CFPB promotes Financial Literacy Month
April is Financial Literacy Month, and we are teaming up with other government agencies, nonprofit organizations, and businesses to promote financial...
Share your input on payday lending for the official record
Public input is tremendously important to our work at the CFPB. At our January field hearing in Birmingham, we had the opportunity to gather information...
Too Big to Fail: Student debt hits a trillion
Recently, we undertook what we understand is the first major effort to understand the size of the private student loan market. This market went through the...
Don’t miss the chance to make a nomination
Last month, Director Cordray announced that we are taking nominations for our Consumer Advisory Board. The CAB offers us advice and consultation on emerging...
Making new partners at our first VSO-MSO town hall
One of the biggest challenges of working at a new organization is getting the word out about what you do and how your product or service makes a difference...
Consumer response now sharing complaints with FTC Consumer Sentinel
The Dodd-Frank Act requires the CFPB to share consumer complaint information with the Federal Trade Commission ("FTC") and other state and federal agencies...
Illinois: Working hard to protect seniors
Last month, my team and I traveled to Chicago, Illinois, to learn more about that state's efforts to protect seniors from financial abuse and to share...
We’re taking nominations for our Consumer Advisory Board
We are assembling a group of experts who can give us the outside guidance we'll need as we move forward with our work. Board members will provide us with...
Live from New York City!
Our live events on checking have ended. You can watch an archived recording of the morning roundtable below, or read Director Richard Cordray's remarks. And...
Office of Financial Education begins listening tour in New York
Financial education organizations, many with limited staff and money, could have a bigger impact by teaming with agencies that provide services and other...
Joining the Financial Literacy and Education Commission
Today, I attended my first public meeting of the Financial Literacy and Education Commission. Financial education has been a passion of mine for years. The...
Save the date, New York!
We are continuing our commitment to hear from consumers around the country about their experiences with financial products and services. Last month, we held...
Getting a complete picture of the payday market
Yesterday, Director Cordray kicked off our field hearing on payday lending in Birmingham, Ala., by explaining why he was there and what the Bureau wants to...
Fulfilling our commitment to diversity
In the months since the CFPB officially opened its doors, the Bureau has been moving at full speed to engage consumers and bring greater transparency to the...
A video message from Rich Cordray
Rich Cordray, the new Director of the CFPB, has recorded a message about the extraordinary privilege he sees in working on behalf of American consumers.