DOJ: Congress, not Fed, must fund CFPB
The CFPB will exhaust its currently available funding early next year, and the bureau cannot withdraw funds from the Federal ...
Tag: CFPB
Inspector general report finds CFPB cybersecurity lacking
The CFPB's procedures for securing its information systems have deteriorated in recent months, and the issue has been made worse ...
CFPB rescinds changes to adjudication process
The CFPB rescinded a series of changes made to its rules that, among other things, gave its director authority to ...
CFPB rescinds nonbank registry rule
The CFPB has nixed a registry to track information on consumer protection violations by nonbanks, citing concerns about compliance costs.
Court temporarily halts Section 1033 rule enforcement
A federal court issued an order preventing the CFPB from enforcing its rule on financial data sharing while the bureau ...
CFPB: Federal law preempts state law on credit reporting
The CFPB issued an interpretive rule stating that the Fair Credit Reporting Act preempts state laws on credit reporting, with ...
ABA offers list of fixes for Section 1033 rule
ABA shared a long list of recommendations for re-proposing the CFPB’s personal financial data rule, saying the rule finalized in ...
CFPB finalizes extended compliance dates for small-business lending data collection
The CFPB has finalized a rule extending the compliance dates for its small-business data collection. The bureau first extended the ...
ABA, CBA urge CFPB not to limit authority to supervise certain nonbanks
ABA joined with the Consumer Bankers Association in urging the CFPB not to limit its authority to supervise nonbanks that ...
ABA urges CFPB to maintain robust supervision of ‘larger participant’ nonbanks
In four comment letters, ABA urged the CFPB to maintain robust supervision of nonbanks in the markets for automobile lending, ...
