Tag: CFPB

CFPB rule caps credit card late fees at $8

CFPB rule caps credit card late fees at $8

Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Consumer Financial Pr [...]
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions. www.coind [...]
US CFPB proposes supervising digital app providers, including crypto wallets

US CFPB proposes supervising digital app providers, including crypto wallets

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app provi [...]
CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking

CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking

Big businesses are able to act as “mini-governments” and impose their own rules on payment infrastructure, Rohit Chopra, chair of the United States Co [...]
America’s Trumpiest court declares an entire federal agency unconstitutional in Community Financial v. CFPB

America’s Trumpiest court declares an entire federal agency unconstitutional in Community Financial v. CFPB

Three judges appointed by former President Donald Trump handed down an astonishing decision on Wednesday, effectively holding that the Consumer Fin [...]
Certain regulatory clarity could be ‘hugely detrimental’ for crypto, says former CFPB director

Certain regulatory clarity could be ‘hugely detrimental’ for crypto, says former CFPB director

Kathy Kraninger, former director of the United States Consumer Financial Protection Bureau, or CFPB, said while many in crypto have complained about t [...]
Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: report

Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: report

The White House has reportedly begun interviews for possible candidates to fill the empty seats on the Board of Governors of the Federal Reserve Sy [...]
US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation

US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation

U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Con [...]
Senate panel to carry nomination hearings for SEC, CFPB heads on March 2

Senate panel to carry nomination hearings for SEC, CFPB heads on March 2

Posted by: Market Watch in Market Information 5 minutes in the past The Senate Committee on Banking, Housing and City Affairs introduced Mo [...]
CFPB and financial institution regulators make life simpler for payday lenders within the Covid-19 pandemic

CFPB and financial institution regulators make life simpler for payday lenders within the Covid-19 pandemic

You would possibly assume that proper now is just not an excellent time to make it simpler for predatory lenders to make the most of folks an [...]
Supreme Court docket: Its resolution on the CFPB, defined

Supreme Court docket: Its resolution on the CFPB, defined

There are two methods to learn the Supreme Court docket’s resolution in Seila Legislation v. CFPB, which was handed down on Monday. However ear [...]
Mortgages, debt, and credit score: Customers shall be slammed in recession, CFPB ex-director warns

Mortgages, debt, and credit score: Customers shall be slammed in recession, CFPB ex-director warns

The coronavirus has created a well being disaster and an financial disaster. But it surely has additionally created a disaster for shoppers — o [...]
Supreme Courtroom: Trump’s combat over the “unitary government” and the CFPB

Supreme Courtroom: Trump’s combat over the “unitary government” and the CFPB

Subsequent Tuesday, the Supreme Courtroom will hear Seila Law v. CFPB, which asks whether or not the president is allowed to fireside the top of [...]
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