Apr 16, 2020 | Federal Regulation, News
CFPB Issues Interpretive Rule to Allow Consumers to Receive Economic Impact Payments Quickly Via Prepaid Cards Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule paving the way for consumers to collect the pandemic-relief...
Apr 13, 2020 | Federal Regulation, News
Former CFPB Director Cordray Publishes White Paper Pushing Agency to Proactively Help Consumers During Pandemic Richard Cordray, who led the Consumer Financial Protection Bureau (CFPB) before leaving the agency to run for Ohio Governor in the 2018 election, recently...
Apr 10, 2020 | Congressional Legislation, Federal Regulation, News
Five Senate Banking Democrats Press CFPB to Provide Relief to Consumers Facing Financial Harm During COVID Crisis Earlier this week, in a letter to Consumer Financial Protection Bureau Director Kathleen Kraninger, Senate Banking Committee Ranking Member Sherrod Brown...
Apr 3, 2020 | Federal Regulation, News
CFPB Issues Guidance for Credit Reporting During COVID-19 Pandemic The Consumer Financial Protection Bureau (CFPB) recently released a policy statement detailing credit reporting companies and furnishers’ responsibilities during the COVID-19 pandemic. The statement...
Mar 31, 2020 | Federal Regulation, News
CFPB Announces Flexibility for Financial Companies During COVID-19 Pandemic The Consumer Financial Protection Bureau (CFPB) recently announced that it will provide flexibility for financial companies, allowing them to work with customers in need during the COVID-19...
Mar 30, 2020 | Federal Regulation, News
Bank Regulators Opting for Telework During Coronavirus Outbreak Like many across the government and in other industries, federal bank regulators have implemented telework policies for their staffs and are working remotely in response to the Coronavirus (COVID-19)...