Hiding in Plain Sight: the Issue of Credit Invisibility in America

Hiding in Plain Sight: the Issue of Credit Invisibility in America

The Consumer Financial Protection Bureau recently released a follow up to its 2015 study on credit invisibility in the United States. A person is “credit invisible” when they lack the data needed to calculate a credit score (invisible) or their credit data is so old...
House Mulls Contempt Charges for CFPB Director

House Mulls Contempt Charges for CFPB Director

On the heels of passing a bill that would severely curtail the authority of the Consumer Financial Protection Bureau (CFPB), House Financial Services Committee Chairman Representative Jeb Hensarling (R- TX) is considering holding CFPB Director Richard Cordray in...
House Votes to Overhaul Dodd-Frank, Now Senate’s Turn to Review

House Votes to Overhaul Dodd-Frank, Now Senate’s Turn to Review

On June 8th, the U.S. House of Representatives voted 233-186 to advance the Financial CHOICE Act to the Senate and continue the long process toward major revisions to the Dodd-Frank Act, a banking reform and consumer protection law passed by a bipartisan Congress...

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