Federal Judge Rules CFPB's Structure is Unconstitutional
Julia Horowitz of CNNMoney
U.S. District Judge Loretta Preska in Manhattan objected to the CFPB's setup as an independent agency with a single director who can be fired by the president only for cause, not at will. In January, a federal appeals court in Washington said that structure is legal. Preska said she disagreed. The immediate...
READ MOREJudge Rejects Interpretation of Order to Halt Student Debt Relief
Tens of thousands of former Corinthian Colleges students can breathe a sigh of relief after a federal judge said late Tuesday…
Mulvaney Praises Nominated CFPB Leader
Bureau of Consumer Financial Protection (Bureau) Acting Director Mick Mulvaney issued the following statement in support of the nomination of…
Pay off debt or save for retirement? Actually "both"
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Kathy Kraninger to be Nominated to Head CFPB
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Why Many Americans Aren't Benefiting From Robust US Economy
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Nearly 35,000 Corinthian College Students See Debt Relief
Almost 35,000 former Corinthian College students in California will have the remainder of their private loan balances forgiven and some…
CFPB Settles With Security Group, Inc.
The Bureau of Consumer Financial Protection (Bureau) announced a settlement with Security Group Inc., a South Carolina corporation, and its…
Record-Setting First Quarter Credit Card Payments
A lot of Americans paid big credit-card bills in the first quarter of 2018. And they still have a long…
Aggregate Credit Card Borrowing Exhibits Seasonal Patterns
The Bureau released the latest quarterly consumer credit trends report, this time focusing on end-of-year credit card borrowing and repayment…
