Consumer Financial Protection Bureau
Cordray announces bid for Ohio governor after leaving CFPBDec. 6, 2017
New CFPB rule prohibits lenders from forcing arbitrationJuly 10, 2017
The CFPB banned banks and other financial services companies from including mandatory arbitration clauses in contracts to prevent consumers pursuing claims of wrongdoing from joining class-action lawsuits. The rule could have a wide-ranging impact on automaker's captive finance units and other auto lenders.
Make compliance a priority, experts sayFeb. 6, 2017
The future of the Dodd-Frank Act and Consumer Financial Protection Bureau has been largely questioned since President Donald Trump took office, but no matter the status of the CFPB, dealers should prioritize compliance, experts said at the Automotive News Retail Forum.
CFPB head may have violated U.S. law with lending rules, U.S. House Republicans claimJan. 18, 2017
In a blow against the Consumer Financial Protection Bureau just two days before President-elect Donald Trump takes office, U.S. House Republicans accused the CFPB of potentially violating federal law with its rule authorizing the agency to regulate certain auto lenders.