Newsroom
Making prices and risks clear. Protecting people against fraud. And standing up for consumers to make sure they are treated fairly. That is our new job.
By
Richard Cordray
Almost nine out of ten American households have at least one checking account, and many also maintain a savings account. Yet, despite the fact that they are...
Overdrafts can provide consumers with needed access to funds, but the growing costs of overdraft practices have the capacity to inflict serious economic...
By
Richard Cordray
As part of that inquiry, the CFPB is seeking public input on a prototype "penalty fee box" – a disclosure on a consumer's checking account statement that...
We want Latino consumers – on the same footing with every other consumer – to have the information they need to make good choices, choices that enhance...
By
Richard Cordray
We are committed to fulfilling our statutory responsibilities and delivering value to American consumers. This means being accountable and using our...
By
Richard Cordray
Today, I will spend most of my time providing an update on where we stand in developing our bank and nonbank supervision programs.
By
Peggy Twohig
I said that I would always welcome your thoughts about our work. I stand by that commitment. I am pleased to be here with you today to tell you about our...
By
Richard Cordray
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
Under the new rule, remittance transfer providers will generally be required to disclose the exchange rate and all fees associated with a transfer so that...
Like the FDIC, the CFPB was created in reaction to a crisis in the American financial system to correct market failures that harmed an overwhelming number...
By
Richard Cordray
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
I’d like to thank everyone at the CFA for your leadership and extraordinary work on consumer financial reform on behalf of ordinary Americans.
By
Raj Date
The Notice and Request for Information issued by the CFPB asks the public to identify provisions of the inherited regulations that the agency should make...
Our mission at the CFPB is to help consumer financial markets work by making rules more effective, by consistently and fairly enforcing those rules, and by...
By
Raj Date
That means, for example, that when it comes to the mortgage market, we will be able to ensure that brokers, originators, and servicers play by the same...
By
Raj Date
The problem is that checking accounts often come with a wide variety of unexpected costs that can quickly add up for consumers.
The Bureau hit the ground running this week, launching functions and issuing a variety of required rules and reports that represent important steps in...
A report released today by the Bureau recommends principles for maximizing consumers' ability to receive and use exchange rate information when making...
At each of those appearances, we provided detailed written testimony on our efforts to establish the CFPB. Today, I welcome this opportunity to testify...
By
Elizabeth Warren
The consumer agency will conduct examinations to help ensure that consumer financial practices at large banks conform with consumer financial protection...
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...
By
Elizabeth Warren
Rich usually heads in smart directions, so I thought I'd follow his lead and pick up where he left off by discussing in greater detail how the CFPB can...
By
Elizabeth Warren
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...
By
Elizabeth Warren
But I do not consider myself in hostile territory right now because I believe we share a point of principle: Competitive markets are good for consumers and...
By
Elizabeth Warren
