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...
The Trump administration is quietly meeting with congressional Republicans to chart the future for the Consumer Financial Protection Bureau (CFPB). Semafor, sourcing its coverage from four unnamed lawmakers, reports CFPB Acting Director Russ Vought met with Republican...
Sen. Elizabeth Warren (D-MA), the Ranking Member of the Senate Banking Committee, has released a report claiming the Trump administration’s efforts to shut down the Consumer Financial Protection Bureau (CFPB) has cost the nation $19 billion over the past year. The...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
