Prepared Remarks of Richard Cordray Director of the Bureau The Clearing House Annual Conference November 21, 2013 Thank you so much for having me here...
Prepared Remarks of Richard Cordray Director of the Bureau American Bankers Association Annual Convention New Orleans, Louisiana October 21, 2013 Thank you...
Thank you so much for having me here today as you discuss the aftermath of the financial crisis and the future of banking regulation. I know many of you are...
The bulletin also explains some of the federal consumer protections that apply to payroll cards, such as fee disclosure, access to account history, limited...
Thank you so much for allowing me to join you here today. Since our inception, the Bureau has enjoyed a relationship with credit unions based on mutual...
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...
Thank you. It is a privilege to speak to this group, which touches nearly every sector of our economy. One thing we share in common is that we all have been...
This report describes a broad variety of different overdraft practices and different consumer experiences. It also raises concerns about the ability of...
The report shows big differences across financial institutions when it comes to overdraft coverage on debit card transactions and ATM withdrawals, drawing...
Today, I will focus on our crucial task of connecting with consumers, which we must do well in order to help them properly. In particular, it is important...
We want consumers to be able to navigate the financial marketplace effectively and to take more control over their economic lives in pursuit of their goals.
The remittance rule creates a comprehensive consumer protection regime for remittance transfers sent by consumers in the United States to individuals and...
Today's amendment, first proposed by the Bureau in October 2012, allows credit card issuers to consider income that a stay-at-home applicant, who is 21 or...
These statements addressed risks associated with these short-term, small-dollar loans. The Bureau also sees significant consumer risks and looks forward to...
Since our inception, the Bureau has enjoyed a productive working relationship with the American Bankers Association and its state member affiliates which I...
The Consumer Bankers Association and the Bureau have enjoyed a cooperative working relationship since the Bureau's inception which I believe has benefited...
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...
To better understand the market, the CFPB is publishing today a Notice and Request for Information on the topic of campus financial products. Campus...
Today's proposal builds on a final rule on international money transfers that was published by the Bureau on February 7, 2012, and later supplemented on...
The Federal Financial Institutions Examination Council today encouraged financial institutions to work constructively with borrowers affected by drought...
As you have heard, today's CFPB enforcement actions involve violations at three American Express entities and will return an estimated $85 million to...
This action is the result of a multi-part federal investigation which found that at every stage of the consumer experience, from marketing to enrollment to...