Tapped by the Biden Administration as Acting Director nearly a year ago to the day, Sandra L. Thompson assumes responsibility for oversight of the $7.5 trillion mortgage finance market in an Agency ceremony.
Read More »CFPB Takes Aim at Anti-Discrimination Practices
Targeting unfair discrimination in consumer finance, the CFPB vows to take action against financial institutions that engage in discriminatory conduct.
Read More »BCFP Updates FCRA Disclosure Rules
The BCFP has released an interim rule updating disclosures mandated by the Fair Credit Reporting Act. Click through to see what changes were made.
Read More »Committed to Consumer Protection
Amidst a serious push by Republicans in Congress to restructure—or even dismantle the CFPB, Pennsylvania recently joins other states that have taken steps to double down on consumer finance laws to protect citizens from financial scams. Attorney General Josh Shapiro ...
Read More »Obama Commends Financial Regulators For Reform Efforts
President Barack Obama "commended" financial regulators for progress made since the Dodd-Frank Act became law in 2010 at a meeting on Monday between the president, top financial regulators, and top White House officials in the Roosevelt Room, the White House announced.
Read More »CFPB Director Tells Senate His Bureau Has Made ‘Considerable Progress’
In testifying before the Senate Committee on Banking, Housing, and Urban Affairs earlier this week, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray said the bureau had made "considerable progress" toward its goal of protecting consumers since the passage of the Dodd-Frank Reform Act in 2010.
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