President Trump has nominated Brian Johnson to become the director of the Consumer Financial Protection Bureau (CFPB). Johnson served as deputy director of the CFPB from 2018 to 2020 during the first Trump term. During that time, he served as the CFPB representative...
Mark Paoletta, the chief legal officer at the Consumer Financial Protection Bureau (CFPB), has been selected as agency’s deputy director, which puts him in line to succeed Acting Director Russ Vought. According to a Bloomberg report, Vought’s term as acting director...
The National Fair Housing Alliance (NFHA) has sued the Consumer Financial Protection Bureau (CFPB) to block a new rule that changed the agency’s enforcement policies relating to the Equal Credit Opportunity Act (ECOA) of 1974. The ECOA was designed to prohibit...
Rohit Chopra, who served as director of the Consumer Financial Protection Bureau (CFPB) during the Biden administration, has been nominated by California Gov. Gavin Newsom to serve as secretary of the new Business and Consumer Services Agency (BCSA), the state’s...
The Consumer Financial Protection Bureau (CFPB) has replaced its rule requiring lenders to adhere to the 1974 Equal Credit ​Opportunity Act (ECOA). The ECOA was designed to prohibit disparate impact discrimination by lenders who create policies that inadvertently...