CFPB

In 'Major Win for Progressives,' Former CFPB Chief Richard Cordray Tapped to Oversee Federal Student Loans

"This shows that the administration ready to take bold action and be a true partner to address the student debt crisis," said Randi Weingarten of the American Federation of Teachers. 

Julia Conley · May 4, 2021

'A Fearless Champion for Consumers': Warren Applauds Biden Pick of Rohit Chopra to Head CFPB

Jake Johnson · Jan 18, 2021

As Households Face Crushing Debt and Pandemic, Trump CFPB Opens Door for Collectors to 'Endlessly Harass Struggling Families'

Andrea Germanos · Oct 30, 2020

CFPB Director Urged to Resign Over New Rule Exposing Consumers to Predatory 'Debt Traps' in Middle of Pandemic

Jake Johnson · Jul 7, 2020

Victory for "Wall Street's Army of Lawyers and Lobbyists" as Supreme Court Puts CFPB Chief Under Trump's Control

Jake Johnson · Jun 29, 2020

New Report Shows Trump's 'Tough on Crime' Stance Doesn't Extend to 'Lawbreaking Corporations'

"Trump, who once asserted that he was 'not going to let Wall Street get away with murder,' now is allowing industry after industry to get away with just about anything."

Jessica Corbett · Mar 13, 2019

Siding With 'Loan Sharks' Over Consumers, Trump CFPB Moves to Gut Payday Lender Regulations

"This administration has moved the CFPB away from protecting consumers to protecting the very companies abusing them."

Jake Johnson · Feb 6, 2019

In Ohio, A Key Test for Politicians Willing to Challenge Corporate Power

If Cordray’s message of economic Populism and Progressivism prevails in this election, it will show not only the Democratic Party but the Nation that fighting for the people against entrenched corporate power is a winning strategy and the future of the Republic.

Carl J. Mayer · Nov 2, 2018

Rebuking Trump CFPB for Only Serving Nation's "Most Powerful Financial Companies," Student Loan Watchdog Resigns

"The bureau's new political leadership has repeatedly undercut and undermined career CFPB staff working to secure relief for consumers."

Jessica Corbett · Aug 27, 2018

In Fiery Exchange, Warren Tells Trump Nominee Kathy Kraninger Her Role in Cruel Child Detention 'a Moral Stain That Will Follow You for the Rest of Your Life'

"And if the Senate votes to give a big promotion to you after this," the Massachusetts senator said, "then it is a stain on the senators who do so."

Jessica Corbett · Jul 19, 2018

Trump Administration War on CFPB Is Bad News for Communities of Color

"In gutting the CFPB and corrupting its mission, the Trump Administration disregards struggling families, and how the 2008 crisis brought our economy to its knees."

Sharon Velasquez · Jul 7, 2018

Did Trump's Pick for Consumer Agency Help 'Lock Immigrant Children Up in Cages'? Senators Demand Answers

Kathy Kraninger, the president's pick to lead the Consumer Financial Protection Bureau, "helps oversee the agencies that are ripping kids from their parents," Sens. Elizabeth Warren and Sherrod Brown observed

Jake Johnson · Jun 19, 2018

Outrage After White House Vows New CFPB Nominee Will Continue Mulvaney's Efforts to Gut Agency

Critics say the Senate should "immediately move to hold confirmation hearings and vote to reject this wholly unqualified candidate." 

Jessica Corbett · Jun 17, 2018

'What Happens When You Put Someone in Charge of Agency They Think Shouldn't Exist,' Says Warren After Mulvaney Guts CFPB Panel

"Mulvaney is only interested in obtaining views from his inner circle, and has no interest in hearing the perspectives of those who work with struggling American families," says the board's ousted chair

Jessica Corbett · Jun 6, 2018

'War on Students': Consumer Advocates Warn Mulvaney's Moves at CFPB Will Lead to 'Open Season on Borrowers'

While "student loan debt is exploding," the watchdog's acting director "is planning to shut down the only federal office fully focused on protecting student borrowers from predatory companies," noted Sen. Elizabeth Warren (D-Mass.)

Jessica Corbett · May 10, 2018

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