The Consumer Financial Protection Bureau will not defend the constitutionality of its leadership structure—with a single powerful director who can be removed by the president only “for cause,” not at will—according to letters sent by CFPB Director Kathy Kraninger.
Browsing: CFPB reform
The federal banking agencies are working to reduce excessive supervisory burdens through automation and shared data submission, Consumer Financial Protection Bureau Director Kathy Kraninger said today at the ABA Regulatory Compliance Conference in New Orleans.
On the latest episode of the ABA Banking Journal Podcast, Minnesota community bank CEO Bryan Bruns talks about what community banking looks like in his market, his bank’s recent anniversary and his role as a member of the Consumer Financial Protection Bureau’s Community Banker Advisory Board.
The Consumer Financial Protection Bureau today announced that it will change its policy on civil investigative demands to improve transparency.
The Consumer Financial Protection Bureau will take the next step in its effort to clarify the meaning of “abusive acts or practices” under Section 1031 of the Dodd-Frank Act, CFPB Director Kathy Kraninger said today in her first public remarks.
The Consumer Financial Protection Bureau will focus on “the prevention of harm” under her leadership, CFPB Director Kathy Kraninger said in her first appearance before Congress since being named head of the agency.
From HMDA to CRA and from fair lending to anti-money laundering, 2019 promises to be a busy year in the world of compliance.
In a letter to the Consumer Financial Protection Bureau today, ABA and three other trade groups offered their support for the bureau’s proposed changes to its 2016 no-action letter policy and its proposal to establish a “sandbox” where banks and nonbank fintech firms can test new products, services and delivery mechanisms.
The Consumer Financial Protection Bureau today released a major report assessing its 2013 RESPA mortgage servicing rule.