A federal judge has vacated two funding decisions made under former acting Consumer Financial Protection Bureau Director Russell Vought, rejecting the legal theory that Federal Reserve losses could eliminate the bureau’s statutory source of operating funds. Senior...
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...
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...
Euro-Area Housing Loan Demand Falls Sharply as Higher Rates Hit Borrowers
