https://www.cnbc.com/2018/01/31/consumer-protection-bureau-structure-upheld-in-blow-to-trumps-deregulation-efforts.html
Category Archives: Consumer Financial Protection Bureau (CFPB)
The Consumer Financial Protection Bureau has put a full-scale probe of how Equifax (NYSE:EFX) failed to protect the personal data of some 143M Americans on ice, sources told Reuters. The effort has sputtered since Mick Mulvaney was named director in November, raising questions about how he will police a data-warehousing industry that has enormous sway […]
https://www.acainternational.org/news/cfpb-fines-xerox-for-furnishing-incorrect-information-to-credit-reporting-agencies Contact us immediately if you discover any unfamiliar entries on your credit report. We represent consumers on contingency to obtain a permanently corrected report and, in many cases, compensation for violations of the federal Fair Credit Reporting Act.
http://money.cnn.com/2017/11/21/technology/uber-hacked-2016/index.html Contact us immediately if you discover any unfamiliar entries on your credit report. We represent consumers on contingency to obtain a permanently corrected report and, in many cases, compensation for violations of the federal Fair Credit Reporting Act. http://creditreportlawgroup.com/lawyer/Identity-Theft_cp16179.htm
http://www.cnn.com/2017/11/25/politics/frank-cfpb-appointment/index.html
Fox guarding the hen house. Mulvaney was one of the agency’s most vocal critics during his time in the House and voted in favor to kill the agency. http://money.cnn.com/2017/11/16/news/economy/trump-mulvaney-cfpb-appointment/index.html?iid=SF_LN
A one-two punch. First the Congressional override of the CFPB’s rule limiting mandatory arbitration clauses in certain consumer financial agreements. And now the loss of Cordray who has been an important advocate for consumer financial rights. http://money.cnn.com/2017/11/15/news/richard-cordray-cfpb-stepping-down/index.html
Clear partisan lines emerge in response to the Equifax breach. Last week, Democrats introduced the Freedom from Equifax Exploitation Act, barring credit bureaus the ability to charge a fee for freezing consumer credit. House Republicans, on the other hand, propose to undermine credit-industry regulations with new legislation. The Credit Services Protection Act, introduced by Ed […]
Congressman Barry Loudermilk’s proposal to weaken the Fair Credit Reporting Act (FCRA) entered the national discourse on the heels of Equifax’s potentially catastrophic data breach. Industry watchdogs highlight the sharp contrast between the need for credit-industry regulation (as evidenced by the Equifax breach) and the coziness with which some Congress members comport themselves to the […]
For nearly half a century, the Fair Credit Reporting Act (FCRA) has empowered American consumers, serving as a deterrent against credit reporting and background check errors—nowadays an all-too-familiar feature of the credit reporting industry. The possibility of punitive damages (available in some matters) supplies the FCRA with a great deal of its bite. Georgia Congressman, […]