The CFPB took action against repeat offender Fifth Third Bank for a range of illegal activities that would result in the bank paying millions in penalties as well as paying redress to harmed consumers.
Thank you, Rob, for that kind introduction. I’m honored for the invitation to speak at your conference.
Thank you John for your kind words. I am glad to be back in Atlanta for the HOPE Global Forum. It is great to be here with you and to know you share similar...
Remarks to Consumer Action (as prepared for delivery).
Five federal financial institutions regulators and state regulators encourage financial institutions to work with consumers affected by the federal government shutdown.
Today the Bureau has come here to talk about debt collection and credit reporting, both in general and more specifically as they relate to medical debt...
Board of Governors of the Federal Reserve System CFPB Federal Deposit Insurance Corporation National Credit Union...
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...
The industry is critical in our economy. It promotes access to credit that consumers can afford to repay. Without credit reporting, many consumers likely...
Today, the CFPB is ordering Wells Fargo to pay more than $2 billion in redress to over 16 million consumers and a $1.7 billion civil penalty for widespread illegal activity across its major product lines for which it has never been held to account.
From flights to rental cars to amusement park tickets, it can feel like there's too much fine print and too many junk fees not included in the upfront price. Some argue that a wide array of pricing options gives consumers more choice, but recent research from the CFPB suggests that complex pricing leads consumers to fare worse and pay higher prices.
Good morning and thank you for inviting me today. For the past four years, we have had a vigorous and productive dialogue with the Consumer Bankers...
I am also glad to help set this new agency on the path to strengthen the economic health of American families.
Bureau Publishes Exam Procedures for Supervised Companies in $900 Billion Market.
Thank you all for joining us today. We have convened interested parties to discuss what has indeed become a much-talked-about issue – discrimination that...
Bureau Also Finds That Black and Hispanic Consumers Are More Likely to Have a Limited Credit Record Today the Bureau published a report finding that 26...
Thank you for joining us on this call. Today we are releasing a report finding that about one in 10 adults in this country, or about 26 million consumers...
You might be surprised to learn that April 23rd is "Teach Children to Save" Day. Yes, there seems to be a special day dedicated to just about everything...
On May 21, 2021, the Bureau issued a consent order against 3rd Generation, Inc., a California corporation doing business as California Auto Finance (California Auto).
Although active duty servicemembers continue to receive their pay, some military families face financial strain due to the coronavirus. The CFPB has resources that can help.
