Remarks by Raj Date at the Consumer Federation of America’s Financial Services Conference
I’d like to thank everyone at the CFA for your leadership and extraordinary work on consumer financial reform on behalf of ordinary Americans.
Newsroom
CFPB Releases Initial Report on Credit Card Complaints
The CFPB is using the information learned in the first few months of credit card complaints to help identify problems in the market. After careful analysis...
Remarks by Raj Date at American Banker’s Regulatory Symposium
We are here today to discuss the Dodd-Frank Act and its implications for consumers, businesses, and the economy. From my, admittedly biased, perspective...
Lessons Learned from the Financial Crisis: The Need for the CFPB
We are the first agency accountable for making sure that consumer finance markets work for American families. To carry out that mission, the law gives us a...
Testimony of Dan Sokolov Before the House Subcommittee on Investigations, Oversight, and Regulations
Many small businesses today report having difficulty obtaining credit. These difficulties originated in the most severe financial crisis since the Great...
CFPB Ready to Help Consumers on Day One
The Bureau hit the ground running this week, launching functions and issuing a variety of required rules and reports that represent important steps in...
CFPB Report Examines Differences Between Credit Scores Consumers and Lenders Receive
"One way consumers have tried to empower themselves is by knowing their credit scores. We are assessing whether purchasing a credit score provides a...
Testimony of Elizabeth Warren Before the Committee on Oversight and Government Reform
At each of those appearances, we provided detailed written testimony on our efforts to establish the CFPB. Today, I welcome this opportunity to testify...
Testimony of Elizabeth Warren Before the Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs
I came to Capitol Hill on many occasions to testify on behalf of the COP about our oversight efforts. Based on that experience working on behalf of...
Remarks to the Society of American Business Editors and Writers
For the past six months, I've been hard at work setting up the new CFPB. Accountability has been an integral part of my job...
Testimony of Elizabeth Warren Before the House Financial Services Committee
Today, we are pleased to report that we firmly believe in the importance of making prices clearer, making risks more obvious, and cutting back on the fine...
Building the New Consumer Bureau
The consumer bureau's mission is to make sure consumers have the information they need – upfront, not buried in fine print – to make the best choices about...
Partnering: The Consumer Financial Protection Bureau and State Attorneys General
it is our objective to make sure that markets for consumer financial products and services operate transparently and efficiently to facilitate access and...
Remarks at Credit Union National Association Governmental Affairs Conference
I am committed to building a consumer credit market that works—a market that works for American families, works for the financial services industry, and...
Joanne Alter Women in Government Lecture
It is an honor to be here to commemorate Joanne Alter, whose commitment to meaningful change – both inside and outside of government, despite all odds –...
The CARD Act: One Year Later
The CARD Act was designed to reduce surprises in re-pricing of accounts and to take a major step in improving the overall transparency of credit card costs.
Remarks at Consumers Union’s 75th Anniversary Celebration
It is a great pleasure to be here to celebrate this anniversary and to thank you for all you have done to make markets work for consumers, for lenders that...
Testimony of Holly Petraeus before the House Committee on Veterans Affairs
The Dodd-Frank Act authorizes the OSA to work in partnership with the Pentagon to see that military personnel and their families receive strong financial...
Welcoming Holly Petraeus to the Consumer Financial Protection Bureau Implementation Team
Holly Petraeus will take on a new role at the CFPB Implementation Team, directing our effort to establish an Office of Servicemember Affairs.
Federal Consumer Agency to Partner with State Regulators on Supervision of Providers of Consumer Financial Products and Services, Including Mortgage Lenders, Private Student Lenders and Payday Lenders
The CFPB announces an effort to partner with state regulators in order to better oversee mortgage lenders.
Priorities for the New Consumer Financial Protection Bureau
It has a chance to define clear goals for the agency and a chance to set a direction that is good for families, good for those in the industry who want to...
Main Street First: Fixing Broken Markets and Rebuilding the Middle Class
I am also glad to help set this new agency on the path to strengthen the economic health of American families.
Standing Up the Consumer Financial Protection Bureau
I'm focused on three priorities: reforming the reams of paperwork involved in signing a home mortgage, moving to a short, easy-to-understand credit card...
It’s Time To Simplify Financial Regulation
The very early feedback I’ve received indicates that the industry is eager for simplification.
A New Approach to the Regulation of Consumer Credit
For the first time ever, both banks AND non-bank lenders will be subject to federal examination to ensure that they are all playing by the same rules.