On December 30, 2020, the Consumer Financial Protection Bureau issued a compliance assistance sandbox approval order to PayActiv regarding specific aspects of some of its earned wage access products.
On December 30, 2020, the Consumer Financial Protection Bureau issued a compliance assistance sandbox approval order to Synchrony regarding their proposal to develop a “dual-feature credit card.”
On November 30, 2020, the Consumer Financial Protection Bureau issued its final Advisory Opinions Policy to publicly address regulatory uncertainty in the Bureau’s existing regulations and provide guidance to entities on outstanding regulatory uncertainty.
The Consumer Financial Protection Bureau issued a policy statement on applications for early termination of administrative consent orders.
The Consumer Financial Protection Bureau announced the launch of Consumer Financial Protection Week which will take place from July 14, 2020, through July 17, 2020.
Good afternoon. Thank you, Francis, for the introduction. I appreciate the opportunity to be with you today and I look forward to the day when we all will be able to meet safely in-person once again.
The Consumer Financial Protection Bureau launched a pilot advisory opinion program to publicly address regulatory uncertainty in the Bureau’s existing regulations.
The Consumer Financial Protection Bureau announced that it will provide an additional 60 days for the public to comment on its Supplemental Notice of Proposed Rulemaking (NPRM) on time-barred debt disclosures.
The Consumer Financial Protection Bureau announced three steps to advance its strategy on one of its key priorities: preventing consumer harm.
The Consumer Financial Protection Bureau issued a Supplemental Notice of Proposed Rulemaking regarding the collection of time-barred debt.
The Consumer Financial Protection Bureau (Bureau) announced today that it is extending the comment period on its Notice of Proposed Rulemaking (NPRM) implementing the Fair Debt Collection Practices Act (FDCPA). The comment period will be extended from August 19, 2019, to September 18, 2019.
Today the Consumer Financial Protection Bureau (CFPB) published a notice on how it plans to periodically review regulations under the Regulatory Flexibility Act (RFA) and to request public input.
Today the Consumer Financial Protection Bureau (CFPB) issued an Advance Notice of Proposed Rulemaking (ANPR) on residential Property Assessed Clean Energy (PACE) financing.
The Bureau of Consumer Financial Protection (Bureau) today issued a report and Request for Information (RFI) regarding the Bureau’s sources of data and how data is used. The report provides transparency into how the Bureau collects and uses data and the accompanying RFI gives the public an opportunity to comment on those practices.
The Consumer Financial Protection Bureau (Bureau) today issued a Request for Information (RFI) on the Bureau’s guidance and implementation support.
The Consumer Financial Protection Bureau (Bureau) today issued a Request for Information (RFI) about the Bureau’s external engagements.
The Consumer Financial Protection Bureau (Bureau) today issued a Request for Information (RFI) about the Bureau’s supervision processes.
The Consumer Financial Protection Bureau (CFPB) today issued a Request for Information (RFI) about the Bureau’s enforcement processes.
The Consumer Financial Protection Bureau (CFPB) today issued a Request for Information (RFI) about administrative adjudications. The Bureau is seeking to better understand the benefits and impacts of its use of administrative adjudications, and how its existing process may be improved.
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
Thank you for joining us. 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. The rule is guided by the basic principle of requiring lenders to determine upfront whether people can afford to repay their loans.
Bureau Concerned About Companies Misleading Consumers About Pay-By-Phone Fees, Keeping Them in the Dark About Much Cheaper Options
Unchecked Incentives Can Produce Unauthorized Account Openings, Deceptive Sales Tactics, and Other Illegal Practices
Bulletin Reminds Companies of Existing Legal Responsibilities Regarding Treatment of Confidential Supervisory Information WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) issued a bulletin today to remind supervised financial institutions, including nonbank companies that may be unfamiliar with federal supervision, of existing regulatory requirements regarding confidential supervisory information. The CFPB supervises companies to determine […]
Thank you for the opportunity to speak with you today. I know that both those of us at the Bureau and those of you here today share common goals: a strong and vibrant financial sector, as well as a highly competitive economy that works for Americans in both the short run and the long run.
