Articles Tagged 'Consumer Financial Protection Bureau'

Court sides with Trump in consumer agency fight

by Sylvan Lane
November 29, 2017
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

by Barnini Chakraborty
November 28, 2017
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

January 6, 2012
By Jim Puzzanghera, Los Angeles Times The new head of the Consumer Financial Protection Bureau 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

January 5, 2012
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

December 9, 2011
WASHINGTON — The Senate on Thursday blocked President Obama’s nominee to head the Consumer Financial Protection Bureau, as filibustering Republicans who oppose the powers of the new agency successfully challenged one of the administration’s main responses to the financial crisis. The nominee, Richard Cordray, was rejected after Democrats failed to achieve the 60 votes they …

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