As the Trump administration prepared to take power in Washington, D.C., the Consumer Financial Protection Bureau ... breaking vote by Vice President Kamala Harris. The CFPB has been a target ...
Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial marketplace.
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
The Trump administration is poised to oust Biden-era appointee Rohit Chopra as director of the Consumer Financial Protection Bureau and is considering either the Treasury Department or the White House Office of Management and Budget to oversee the agency,
Our podcast show today features John Culhane and Mike Kilgarriff, partners in Ballard Spahr’s Consumer Financial Services group. They discuss
Consumer spending, which comprises the largest share of economic activity, surged in the December quarter, led by a pickup in motor vehicle sales. Investors maintained bets for further easing ...
Winds east to northeasterly 15 to 20 km/h tending east to southeasterly 15 to 25 km/h in the evening. Sun protection recommended from 9:00 am to 5:20 pm, UV Index predicted to reach 12 [Extreme] Cloudy. Winds southeasterly 15 to 20 km/h becoming light ...
The change is expected to boost millions of people's credit scores and helping them qualify for home mortgages. It's unclear whether President Donald Trump will reverse the federal rule announced Jan.
Americans are unifying behind President Trump far more than we did in 2017. Eight years ago, cries of “not my president” resounded through Washington, DC, but this year, it seems the hard-left “resistance” has gone out with a whimper.
Senate Republicans backed a Wednesday effort from Texas GOP Sen. Ted Cruz to defund the Consumer Financial Protection Bureau (CFPB). Cruz has unsuccessfully tried to disassemble the agency in the past and is now working to reduce the amount of funding it receives from the Federal Reserve to zero.
As political tides shift, so too does the regulatory outlook for consumer financial services. Among the key documents that could shape the
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.