Consumer Financial Protection Bureau
Tag: Consumer Financial Protection Bureau
Chopra Declares CFPB “Firing on All Cylinders”
With the Consumer Financial Protection Bureau (CFPB) emerging unscathed by the Supreme Court of the United States last week, Director Rohit Chopra declared, “the CFPB will be firing on...
Call to Action: Speak Out Against Farm Credit Expansion
IBAT, along with ICBA, is calling on members to weigh in with their members of Congress on items of importance in the pending Farm Bill, including opposition to proposals...
Important Update: Credit Card Fee Court Challenge
Last week’s edition of Bottom Line noted formal claims by the Consumer Financial Protection Bureau (CFPB) that a Texas-based lawsuit challenging the bureau’s rule on credit card late fees...
CFPB Proposes Anti-Overdraft Fee Rule
On Wednesday, January 17, the Consumer Financial Protection Bureau (CFPB) released a proposed rule regarding overdraft fees for large financial institutions with more than $10 billion in assets. Under...
Personal Financial Data Rights Proposed Rule
Amid a year-end federal rulemaking surge, the comment period for a proposed Consumer Financial Protection Bureau regulation will close December 29, despite ongoing industry efforts to extend the comment...
CFPB Issues Proposed “Open Banking” Rules
Last week, the Consumer Financial Protection Bureau (CFPB) issued proposed rules implementing Section 1033 of the Dodd-Frank Act. In the words of the bureau, the rules are intended to...