Browsing: CFPB
Acting Consumer Financial Protection Bureau Director and Office of Management and Budget Director Russell Vought.Bloomberg News Processing ContentKey insight: The…
Processing ContentKey insight: The agency’s enforcement and supervision units would face the heaviest hits, with staffing plummeting by 80%.Supporting data:…
While noting the upside to President Trump’s new executive order to expand home lending among community financial institutions, the Mortgage…
Key insight: The court declared that Consumer Financial Protection Bureau Director Russell Vought’s decision not to request funding for the…
Processing ContentKey insight: CashCall is officially on the hook for a $134 million restitution payout to compensate consumers who were…
What’s at Stake: The CFPB’s top managers want to fire 90% of the staff, which would both dramatically reduce the…
Russell Vought, director of the Office of Management and Budget and acting director of the Consumer Financial Protection Bureau.Bloomberg News…
Processing ContentKey Insight: The high-stakes case revolves around the actions of Russell Vought and President Trump’s publicly stated goal to…
What’s at stake: Consumer advocates and some corporate debt collectors fear that possible changes to the consumer complaint portal —…
Key insight: The CFPB’s leadership cited ongoing litigation as the reason for not cooperating with the Government Accountability Office. Supporting data:…