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Home » Topics » Inside the CFPB » Bureau Administration

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Friend-of-the-Court Briefs Argue Against CFPB

July 24, 2023
Sam Manas
Most of the recent amicus briefs filed in a case challenging the CFPB’s funding structure urged SCOTUS to affirm a Fifth Circuit ruling on the matter.
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Case Dismissed Due to CFPB’s ‘Egregious’ Conduct

June 26, 2023
Sam Manas
An appeals court affirmed dismissal of enforcement claims brought by the CFPB because the bureau repeatedly refused to follow court instructions to answer questions in depositions.
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Republicans Lambast CFPB for Data Breach Response

June 26, 2023
Sam Manas
During hearings this month, Republicans said a recent data breach at the CFPB resulted from poor cybersecurity practices. They also complained the agency took too long to inform Congress of the problem.
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Republicans Grill Chopra Over Procedure, Informal Guidance

June 26, 2023
Sam Manas
Republicans in the Senate and House pressed CFPB Director Rohit Chopra on his authority to issue informal guidance that they said created new obligations for regulated firms, as well as other issues.
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House Members Question Chopra’s Transparency

June 26, 2023
Sam Manas
Republicans tore into CFPB Director Rohit Chopra over his calendar, which the agency claims to publish monthly.
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Banking Trade Groups Pan Junk Fees Research Proposal

May 30, 2023
Sam Manas
Banking industry trade groups said a CFPB research proposal on consumer choices related to “junk fees” doesn’t meet legal requirements. They are asking the Office of Information and Regulatory Affairs to reject the proposal.
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Other News in Brief

May 15, 2023
Sam Manas
The Appraisal Foundation updates appraisal standards; the CFPB will distribute $22 million among debt relief scam victims; CFPB Inspector General expresses opposition to legislation about his office.
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Rep. McHenry Threatens to Use Block Section 1071 Rule

April 17, 2023
Sam Manas
Rep. Patrick McHenry, R-NC, has threatened to use the Congressional Review Act to prevent implementation of the CFPB’s new reporting requirements on small business lending.
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OIG: CFPB Faces Challenges on Security, Workforce Programs

April 17, 2023
Sam Manas
The CFPB is facing management challenges in reforming its information security practices, workforce support programs and in embracing new technology and skills in supervisory and enforcement activities.
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Chopra Offers Insight Into Section 1033 Rulemaking

April 3, 2023
Sam Manas
CFPB Director Rohit Chopra engaged in a live question-and-answer session last month, acknowledging banks’ concerns about nonbank coverage and liability flows.
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