CFPB Director Chopra Testifies Before Senate Banking, House Financial Services Committees
CFPB Director Chopra Testifies Before Senate Banking, House Financial Services Committees This week, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra testified before both the Senate Committee on Banking, Housing, and Urban Affairs and the House...
CFPB Finalizes Rule to Create “Repeat Offender” Registry
CFPB Finalizes Rule to Create “Repeat Offender” Registry Last week, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will establish a registry to track people and companies that have repeatedly broken consumer protection laws. Non-bank...
Younger Consumers Struggling to Pay Credit Card Debts
Younger Consumers Struggling to Pay Credit Card Debts A recent report on first quarter household debt by the Federal Reserve Bank of New York found the share of credit card debt over 90 days past due rose to 10.7 percent in the first quarter, which is a 14-year high....
