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Tag Archives: Consumer Financial Protection Bureau

CFPB Names New Acting Deputy Director

The Consumer Financial Protection Bureau (CFPB) recently announced that Meredith Fuchs will serve as acting deputy director following Deputy Director Steve Antonakes' announcement last week to depart from the agency.

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Texas Lawmakers Introduce Bill to Eliminate CFPB

Republicans believe the CFPB, which was created from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, has had the opposite effect of its intended purpose of protecting consumers from predatory financial activity; rather, they believe the Bureau has made big banks bigger and limits options for consumers.

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CFPB Sets Final TRID Rule Effective Date

The Consumer Financial Protection Bureau has finally set an official effective date for the TILA-RESPA Integrated Disclosures rule, after much debate and numerous industry requests to delay the rule. The CFPB issued a final rule moving the effective date to Saturday, October 3, 2015 on Tuesday.

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CFPB Deputy Director Announces Departure

Steven L. Antonakes, the Consumer Financial Protection Bureau (CFPB)'s second-in-command official, announced Thursday in a memo to employees that he is stepping down from his position with the CFPB.

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Congressional Hearings to Cover Economy, Monetary Policy, and Agencies’ Activities

On Wednesday, July 15, the House Financial Services Committee will receive the testimony of Fed Chair Janet Yellen in a full Committee hearing titled "Monetary Policy and the State of the Economy." Chair Yellen will update the Committee on the progress of the economy toward meeting the four benchmarks for the economy as set by the Full Employment and Balanced Growth Act (Humphrey Hawkins) Act of 1978.

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