Consumer Financial Protection Bureau News
The Note: Trump complicates wild week as showdown looms
WHAT YOU NEED TO KNOW TODAY It's a big week in Washington: President Trump is going to try to focus on infrastructure all this week before former FBI Director James Comey's highly anticipated testimony Thursday. Congress is back after Memorial Day recess with a few notable votes on their plate,
Student loan servicer fights back as states eye protections
A company fighting to become the nation's single servicer of student loans under a plan backed by U.S. Education Secretary Betsy DeVos has lobbied against licensing efforts in Maine and elsewhere this year
Consumer advocates descend on D.C. to push back against Trump policies
Consumer advocates who specialize in everything from finance to telecommunications are gathering in Washington, D.C. this week to plot how to resist Trump Administration moves they say weaken consumer protection. The gathering, the 51st Annual Consumer Assembly, is coordinated by the Consumer
The Note: Georgia on Trump's mind
TRUMP’S FIRST 100 DAYS with ABC’s RICK KLEIN and VERONICA STRACQUALURSI Day No. 89 THE BIG STORY: It’s the biggest political test of the Trump era, and both sides got a fight that they may have been quite ready for. The stakes in Georgia on Tuesday, with the special House election to replace HHS
Wells Fargo publishes sales scandal findings; seizing $75 million in compensation from two former executives
Wells Fargo 's board of directors today released a report on the company’s sales scandal that has rocked the bank since September, saying it will seize more than $75 million worth of compensation from two executives at the heart of the dispute. The 113-page report was highly critical of former CEO
10 things anyone dealing with a debt collector should know
Getting a debt collection call is never fun. Even in a best-case scenario — it's your debt and you can pay — that outstanding account can cause a headache or two. And if the debt's contentious, not yours or just too darn high, the situation can become (or at least feel) a lot more dire. But
OPINION: Why the CFPB is in danger of getting 'trumped'
Just beyond the Trump swelter of the hour, lawmakers have been busy concocting plans to dismantle key achievements of the Obama years. Among those accomplishments currently targeted is a concerted effort to destroy, defang, scrap (feel free to select the word) the Consumer Financial Protection
Analysis: Trump's Dodd-Frank Rollback and the 'Little Guy'
Dear Readers: The ABC News Fixer works for the little guy. When this column helps someone who got overcharged on their cell phone bill or was underpaid on their insurance settlement, politics never enters into it. Having trouble with your mortgage? Bumped from a flight? Movers broke your furniture?
Trump Signs Executive Actions Targeting Wall Street and Banking Reforms
President Donald Trump signed two executive actions Friday related to financial regulations that take aim at Wall Street and banking regulations. One of the actions is an executive order directing the secretary of the Treasury to consult regulatory agencies and report to Trump about what can be