Newsroom | Consumer Financial Protection Bureau

Press release

Published OCT 07, 2014

FDIC and CFPB Collaborate to Develop a Spanish-Language Tool for Older Adults to Prevent Financial Exploitation

The Federal Deposit Insurance Corporation (FDIC) and CFPB today launched a Spanish-language version of Money Smart for Older...

Older Americans

Press release

Published JUN 19, 2014

CFPB Helps Assisted Living and Nursing Facilities Protect Seniors from Financial Abuse

Today, the Bureau released a guide to help assisted living and nursing facility staff better protect the people in their care by preventing and addressing...

Older Americans

Press release

Published MAY 07, 2014

CFPB Spotlights Mortgage Debt Challenges Faced By Older Americans

CFPB Issues Advisory about Managing Mortgage Debt in Retirement Today, the Bureau released a snapshot report spotlighting the mortgage debt challenges faced...

Speech

Published OCT 29, 2013

Director Richard Cordray Remarks on Release of Managing Someone Else’s Money Guides

Thank you for joining us today. As we say frequently, the mission of the Bureau is to help build a better, more sustainable consumer financial marketplace...

By Richard Cordray

Older Americans

Press release

Published OCT 29, 2013

CFPB Releases Guides For Managing Someone Else’s Money

Today, the Bureau published four guides to help financial caregivers, particularly those who handle the finances of older Americans, carry out their duties...

Older Americans

Press release

Published OCT 29, 2013

Nora Dowd Eisenhower Remarks on Release of Managing Someone Else’s Money Guides

Today, we are releasing the Managing Someone Else's Money guides to help Americans of all ages better understand their responsibilities if they are called...

Older Americans

Press release

Published SEP 24, 2013

Federal Regulators Issue Guidance on Reporting Financial Abuse of Older Adults

Seven federal regulatory agencies today issued guidance to clarify that the privacy provisions of the Gramm-Leach-Bliley Act generally permit financial...

Older Americans

Speech

Published SEP 24, 2013

Director Cordray Remarks at the Gramm-Leach-Bliley Press Call

Prepared Remarks of Richard Cordray Director of the Bureau Gramm-Leach-Bliley Press Call Washington, D.C. September 24, 2013 Thank you for joining us today...

By Richard Cordray

Older Americans

Speech

Published SEP 24, 2013

Nora Dowd Eisenhower Remarks at Press Call on GLBA Interagency Guidance

Remarks of Nora Dowd Eisenhower Assistant Director, Office for Older Americans Press call on GLBA Interagency Guidance Washington, D.C. Sept. 24, 2013 I am...

By Nora Dowd Eisenhower

Older Americans

Speech

Published JUN 13, 2013

Gail Hillebrand Remarks at the Release of Money Smart for Older Adults

Older Americans are attractive targets for fraudsters, because some older Americans have wealth. U.S. households aged 65 and over had a net worth of...

By Gail Hillebrand

Older Americans

Press release

Published JUN 12, 2013

FDIC and CFPB Collaborate to Develop a Tool for Older Adults to Prevent Financial Exploitation

The newest addition to the FDIC's Money Smart financial curriculum family, this stand-alone training module developed by both agencies provides information...

Older Americans

Speech

Published JUN 12, 2013

Director Cordray on Money Smart for Older Adults

Together with the FDIC, we are releasing Money Smart for Older Adults, a program to raise the awareness of older Americans and their caregivers about how to...

By Richard Cordray

Older Americans

Testimony

Published MAY 16, 2013

The CFPB Testifies Before the House Committee on Energy and Commerce

Thank you Chairman Terry, Ranking Member Schakowsky, and distinguished members of the Committee for the opportunity to speak with you today about the Bureau...

By Gail Hillebrand

Older Americans

Speech

Published APR 18, 2013

Hubert Humphrey’s Remarks for Release of the Senior Designations for Financial Advisers Report and Recommendations

Over the past year, my office has been reviewing so-called "senior designations." These are credentials financial advisers acquire to imply or indicate that...

By Skip Humphrey

Older Americans

Speech

Published APR 18, 2013

Press Call on Senior Certification Report

Older Americans are no exception, and in many cases they are the specific targets of unfair, deceptive and abusive financial practices.

By Richard Cordray

Older Americans

Press release

Published APR 18, 2013

CFPB Report Highlights Problems Older Americans Have With Confusing Financial Advising Industry

The CFPB found that there are more than 50 different senior designations that financial advisers use to indicate that they have advanced training or expertise in the financial needs of older consumers.

Testimony

Published MAR 11, 2013

Director Richard Cordray Before the Senate Committee on Banking, Housing, and Urban Affairs

Chairman Johnson, Ranking Member Crapo, and members of the Committee: I am honored to be here once again as the nominee to serve as the Director of the CFPB.

By Richard Cordray

Speech

Published FEB 20, 2013

Prepared Remarks by Richard Cordray at a Consumer Advisory Board meeting

Since we first became an independent agency, the Consumer Bureau has been focused on the financial issues that are common to the everyday lives of most...

By Richard Cordray

Press release

Published NOV 19, 2012

Consumer Financial Protection Bureau Warns Companies Against Misleading Consumers with False Mortgage Advertisements

Today's actions stem from a joint "sweep," a review conducted by the CFPB and the FTC of about 800 randomly selected mortgage-related ads across the...

Testimony

Published NOV 15, 2012

Written Testimony of Hubert H. “Skip” Humphrey III Before the United States Senate Special Committee on Aging

Our Office's statutory mandate is to help provide consumers aged 62 and over with the tools they need to protect themselves from financial abuse and to make...

By Skip Humphrey

Older Americans

Speech

Published JUN 28, 2012

Prepared Remarks by Richard Cordray on Reverse Mortgages Study

Homeowners who want to use their home equity to enjoy a more comfortable retirement do have options. One option is a reverse mortgage, a special type of...

By Richard Cordray

Speech

Published JUN 14, 2012

Remarks by Richard Cordray at World Elder Abuse Awareness Day Event

According to one study, in 2010, older Americans lost at least $2.9 billion to the silent crime of financial exploitation, and it is estimated that for each...

By Richard Cordray

Older Americans

Press release

Published JUN 14, 2012

CFPB Launches Inquiry on Elder Financial Abuse

"Our older adult population is growing every year, which makes it even more critical that we study this issue. Today, the Bureau will launch a public...

Testimony

Published JAN 24, 2012

Testimony of Richard Cordray before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs

Moreover, we need and want to hear from you. At every stage, I believe that input from Congress will help improve our work and our ability to deliver real...

By Richard Cordray

Speech

Published JAN 05, 2012

Remarks by Richard Cordray at The Brookings Institution

I am honored to serve as the first Director of the Bureau and to work with the talented and committed team we are building there.

By Richard Cordray