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Home » Topics » Inside the CFPB » Bureau Administration

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Kraninger Creating a Transparent CFPB?

August 26, 2019
Yemeng Yang
The third meeting this year between officials of the CFPB and the CMLA focused on the loan originator compensation rule. The trade group noted that bureau Director Kathy Kraninger is open to industry feedback.
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Appointment of CFPB Ombudsman Sparks Debate

August 26, 2019
Yemeng Yang
The CFPB named a high-ranking official of a student loan servicer as the bureau’s private education loan ombudsman. The move has drawn criticism from consumer groups.
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Other News in Brief

August 26, 2019
Yemeng Yang

Republican AGs Say CFPB Structure Unconstitutional

August 12, 2019
Yemeng Yang
A dozen Republican state attorneys general asked the Supreme Court to review the challenge to the CFPB’s structure, stating their belief the bureau directorship is unconstitutional.
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Dems Call For the Ouster of Former CFPB Official

August 12, 2019
Yemeng Yang
Democratic lawmakers have called for the removal of Eric Blankenstein, currently a HUD official, after it was found that he likely abused his authority at the CFPB in dealing with a controversy tied to his racially-charged writings of the past.
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Other News in Brief

August 12, 2019
Yemeng Yang

Elder Financial Abuse Under Scanner

July 29, 2019
Yemeng Yang
The CFPB updated its 2016 advisory notice on elder financial abuse. Though the recommendations are voluntary, companies that fail to comply might become targets of enforcement actions, attorneys warned.
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Industry, Consumers Disagree on Rule Review Plan

July 29, 2019
Yemeng Yang
While industry groups support the CFPB’s plan to review rules that have significant economic impact on small entities, consumer groups suggest the bureau restrict the plan.
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Debt Collectors Caught for Illegal Collections

July 29, 2019
Yemeng Yang
The CFPB and New York attorney general together fined debt collectors more than $60 million for illegal collection practices in a recent enforcement action.
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Debt-Settlement Firm Fined $25M for Misleading Consumers

July 15, 2019
Yemeng Yang
Freedom Debt Relief agreed to settle allegations that it misled consumers who participated in its debt settlement program and charged fees without settling debts as promised.
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