Newsroom | Consumer Financial Protection Bureau

Press release

Published JAN 25, 2019

Consumer Financial Protection Bureau Reaches Settlement with Enova International, Inc.

The Consumer Financial Protection Bureau (Bureau) today announced a settlement with Enova International, Inc., an online consumer lender based in Chicago, Illinois.

Press release

Published JAN 11, 2019

Regulators Encourage Institutions to Work with Borrowers Affected by Government Shutdown

Five federal financial institutions regulators and state regulators encourage financial institutions to work with consumers affected by the federal government shutdown.

Press release

Published DEC 06, 2018

Bureau of Consumer Financial Protection Advisory Committees Meet to Discuss Emerging Trends in Financial Services Technology

The CFPB met with its advisory committees, who advise Bureau leadership on a wide range of consumer financial issues and emerging market trends.

Speech

Published NOV 15, 2018

Toward a 21st century approach to consumer protection

Remarks to Consumer Action (as prepared for delivery).

By Brian Johnson

Press release

Published OCT 18, 2017

CFPB Outlines Principles For Consumer-Authorized Financial Data Sharing and Aggregation

Bureau Seeks to Ensure a Workable Data Aggregation Market That Gives Consumers Protection and Value.

Financial service providers

Press release

Published OCT 05, 2017

CFPB Finalizes Rule To Stop Payday Debt Traps

Lenders Must Determine If Consumers Have the Ability to Repay Loans That Require All or Most of the Debt to be Paid Back at Once.

Speech

Published OCT 05, 2017

Prepared Remarks of CFPB Director Richard Cordray on the Payday Rule Press Call

After a long process of research, outreach, and review of over one million public comments, the Consumer Bureau today has issued a rule aimed at stopping debt traps on payday and auto title loans.

By Richard Cordray

Speech

Published SEP 12, 2017

Prepared Remarks of CFPB Director Richard Cordray at the Ohio Land Bank Conference

For more than five years now, I have had the honor to serve our country as the first director of the new U.S. Consumer Financial Protection Bureau. In that time, we have built a brand-new federal agency from scratch.

By Richard Cordray

Press release

Published JUL 31, 2017

CFPB Warns Companies Against Tricking Consumers Into Expensive Pay-By-Phone Fees

Bureau Concerned About Companies Misleading Consumers About Pay-By-Phone Fees, Keeping Them in the Dark About Much Cheaper Options.

Speech

Published MAR 02, 2017

Prepared Remarks of CFPB Director Richard Cordray at the Consumer Advisory Board Meeting

Welcome to this meeting of the Consumer Advisory Board. We find great value in the dialogue we have with our CAB members, who share with us their perspective, their expertise, and their experience.

By Richard Cordray

Press release

Published MAR 02, 2017

CFPB Oversight Uncovers And Corrects Credit Reporting Problems

Bureau Report Outlines Accuracy and Other Issues That Bureau Supervision Has Taken Action to Address.

Press release

Published NOV 29, 2016

CFPB Monthly Complaint Snapshot Spotlights Debt Settlement, Check Cashing, and Other Financial Service Complaints

Report Also Includes In-Depth Look at Consumer Complaints from Oklahoma.

Press release

Published NOV 28, 2016

CFPB Warns Financial Companies About Sales and Production Incentives That May Lead to Fraud or Consumer Abuse

Unchecked Incentives Can Produce Unauthorized Account Openings, Deceptive Sales Tactics, and Other Illegal Practices.

Press release

Published APR 08, 2015

CFPB Sues Participants in Robo-Call Phantom Debt Collection Operation

Bureau Also Obtains a Temporary Restraining Order to Halt Illegal Operation and Freeze Assets of Operation's Leaders The Bureau announced today that it has...

Press release

Published JUL 23, 2014

CFPB, FTC and States Announce Sweep Against Foreclosure Relief Scammers

The Bureau, the Federal Trade Commission (FTC), and 15 states announced a sweep against foreclosure relief scammers that used deceptive marketing tactics to...

Press release

Published DEC 10, 2013

CFPB Orders GE CareCredit to Refund $34.1 Million for Deceptive Health-Care Credit Card Enrollment

More than 1 Million Consumers Were Potential Victims of Misleading Practices Today the Bureau is ordering GE Capital Retail Bank and its subsidiary...

Press release

Published JUN 26, 2013

The CFPB Issues Procedural Rule on Supervising Nonbanks that Pose Risks to Consumers

Nonbanks subject to the rule are companies that offer or provide consumer financial products or services but do not have a bank, thrift, or credit union...

Press release

Published MAR 14, 2013

CFPB Proposes Rule to Oversee Nonbank Student Loan Servicers

Today's proposed rule would expand that supervision to certain nonbanks. The rule would define certain nonbank student loan servicers as "larger...

Speech

Published MAR 13, 2013

Prepared Remarks of Richard Cordray Before Independent Community Bankers of America

We have done good work together, and we have much more good work ahead of us. And so I want to start by thanking all of you for your help and your...

By Richard Cordray

Speech

Published MAR 12, 2013

Remarks of CFPB Acting Deputy Director Steve Antonakes

The Consumer Bankers Association and the Bureau have enjoyed a cooperative working relationship since the Bureau's inception which I believe has benefited...

By Steve Antonakes

Press release

Published MAY 24, 2012

CFPB Proposes Procedural Rule on Supervising Nonbanks that Pose Risks to Consumers

"This is an important step in the development of our nonbank supervision program," said CFPB Director Richard Cordray. "This proposal allows us to reach...

Press release

Published APR 13, 2012

CFPB to Hold Financial Institutions and their Service Providers Accountable

The Bureau will take a close look at service providers' interactions with consumers. It will hold all appropriate companies accountable when legal...

Press release

Published JAN 05, 2012

CFPB Launches Nonbank Supervision Program

This will be an extension of the CFPB’s bank supervision program that began last July and will ensure that banks and nonbanks follow federal consumer financial laws.

Press release

Published JUN 23, 2011

Consumer Financial Protection Bureau Seeks Public Input On Key Element Of Nonbank Supervision Program

To prepare for this eventual rulemaking, the CFPB is seeking public input through a Notice and Request for Comment, which identifies six markets for...