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Elizabeth Warren and other senators fired tough questions at Kathy Kraninger, President Trump's nominee to run the Consumer Financial Protection Bureau.
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The CFPB's interim chief is moving to disband a board designed to help consumer groups work with the agency to identify problems facing Americans who are being unfairly treated by financial firms.
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The office of Students and Young Consumers at the Consumer Financial Protection Bureau will be folded into another office. Advocates are concerned about what that means for vulnerable borrowers.
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Democratic Sen. Sherrod Brown was a critic of Mick Mulvaney even before President Trump made him interim head of the Consumer Financial Protection Bureau.…
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The measure, which now heads to the House, would roll back federal policies aimed at protecting minority buyers from discriminatory loan terms. The vote could lead to the rollback of other rules.
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The first head of the federal Consumer Financial Protection Bureau says he’s concerned about the shift in direction for the agency. The CFPB was created…
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Proposed cuts in funding for the Consumer Financial Protection Bureau come amid questions about a Trump appointee softening the agency's stance on payday lenders. Democrats vow to fight the cuts.
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The new head of the Consumer Financial Protection Bureau is making the agency less aggressive in its mission. A new plan calls for it to fulfill "its statutory responsibilities, but go no further."
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As a congressman, Mick Mulvaney accepted donations from payday lenders. Now he's in control of the Consumer Financial Protection Bureau, which has delayed implementing payday lending rules.
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The Consumer Financial Protection Bureau this week said it will reconsider proposed rules for payday lenders that were scheduled to take effect Wednesday. The CFPB drew them up under previous director Richard Cordray, who left the job to seek the Democratic nomination for Ohio governor. President Trump appointed budget director Mick Mulvaney to lead the bureau. Cordray acknowledged in a December interview that it was possible that the CFPB could roll back the rules under Trump.