Articles Tagged 'Consumer Financial Protection Bureau'
Court sides with Trump in consumer agency fight
A federal judge on Tuesday rejected a lawsuit from an official who claims that she, and not President Trump appointee Mick Mulvaney
, is the… READ MORE
Mulvaney cracks down on CFPB as White House insists he’s in control
White House budget boss Mick Mulvaney moved quickly Monday to rein in the Consumer Financial Protection Bureau, imposing a 30-day hiring freeze and other new… READ MORE
Consumer bureau chief begins supervision of payday lenders
By Jim Puzzanghera, Los Angeles Times
The new head of theÂ Consumer Financial Protection BureauÂ wasted little time getting to work, using the agency’s new powers to start supervising payday lenders and other firms outside the conventional banking system.
The bureau’s main goal will be ensuring that consumer loans, mortgages and other financial products are easier to understand, but the… READ MORE
Obama defies Congress with ‘recess’ picks
By Stephen Dinan and Susan Crabtree-The Washington Times
Pushing the limits of his recess appointment powers, President Obama on Wednesday bypassed the Senate to install… READ MORE
Senate Stops Consumer Nominee
ByÂ JOHN H. CUSHMANÂ Jr.
WASHINGTON â€” The Senate on Thursday blocked President Obamaâ€™s nominee to head theÂ Consumer Financial Protection Bureau, as filibustering Republicans who oppose the powers of the new agency successfully challenged one of the administrationâ€™s main responses to the financial crisis.
The nominee,Â Richard Cordray, was rejected after Democrats failed to achieve the 60 votes they … READ MORE