The CFPB has issued a detailed process for submission of rulemaking petitions by members of the public. The move is aimed at increasing transparency and curtailing lobbying by former government employees.

Auto lending practices under scrutiny; fair lending testing bill; CBA wants CFPB to examine small fintechs; court grants interlocutory review of NCSLT-CFPB decision; EFTA compliance bulletin; interagency letter on unmet credit needs; comment on FTC settlement; PSLF waivers.

In a new report, the CFPB describes how private companies undermine the ability for individuals to successfully transition from incarceration.

Earned wage access advisory opinion; civil penalty maximum adjusted; CFPB examining college-offered loans; final order in payments processor case; Bank of America class-action settlement.

The selection of survey participants will be based on the region, product line and entity type and will remain confidential, the CFPB said.

HMDA filing period opens; CFPB issues medical debt bulletin; CFPB sues debt collectors; CFPB files amicus brief in MLA lawsuit; OIG releases quarterly work plan.

But acquiring that talent is going to be an enormous challenge for the bureau given that it cannot compete with compensation levels in the private sector.

The Government Accountability Office said the CFPB’s fiscal 2020 and fiscal 2021 financial statements were in accordance with generally accepted accounting principles.

While Zixta Martinez got bumped up, two new faces — Karen Andre and Jan Singelmann — are joining the senior ranks of the CFPB.

With the Senate confirming Rohit Chopra as CFPB director, industry participants are preparing for regulatory whiplash after relaxed enforcement and rulemaking during the Trump administration.