White House Council of Economic Advisers: CFPB Rules Cost Consumers Up to $369 Billion
White House Council of Economic Advisers: CFPB Rules Cost Consumers Up to $369 Billion A new report from the White House Council of Economic Advisers (CEA) claims that regulations issued by the Consumer Financial Protection Bureau (CFPB) have cost consumers between...
Citi CFO Warns 10% Credit Card Rate Cap Would Disrupt U.S. Economy
Citi CFO Warns 10% Credit Card Rate Cap Would Disrupt U.S. Economy Speaking at an investor conference, Citi’s head of U.S. personal banking and incoming Chief Financial Officer, Gonzalo Luchetti, warned that a proposed 10 percent federal cap on credit card interest...
CFPB Tightens Complaint Portal Rules for Credit Report Disputes
CFPB Tightens Complaint Portal Rules for Credit Report Disputes Last week, the Consumer Financial Protection Bureau (CFPB) added new requirements to its consumer complaint portal for credit reporting disputes, directing consumers to first file disputes with credit...
