New CFPB Director Rohit Chopra pledges to protect Americans from financial fraud
October 14, 2021
Credit reporting, student loan debt and payday loans among chief consumer concerns
Breaking News
- LACMA Showcases ‘Imagining Black Diasporas: 21st-Century Art and Poetics’ Exhibit
- Sheenway School and Culture Center — Educating Youth to Lead the Future Over 50 Years
- Record-Breaking Hate Crimes Against Black Angelenos on the Rise
- Los Angeles Rams and LAPD Spread Holiday Cheer with Annual Sleigh Ride
- Heather Hutt Sworn-in as Councilwoman for L.A.’s 10th District
- Visit Baldwin Hills Crenshaw Plaza for Holiday Photos with Santa
- Homeless and Their Advocates Speak Out in New Film, ‘WE, the Vulnerable of LA’
- The Congressman Wore Sneakers: An Evening With Hakeem Jeffries
- Brotherhood Crusade Honors SEIU President April Verrett at 2024 Pioneer of African American Achievement Award Dinner
- Chargers Thwart Divisional Foe on Thursday Night
- No. 18 UCLA Men’s Basketball Defeats Prairie View A&M 111-75
- Athletes in $2.8 billion college lawsuit tell judge they want to create a players’ association
- Cal, UNLV Inspire La Tijera Students at Day of Play
CFPB
Time for CFPB to ‘Do the Right Thing’: Enact Payday Loan Rules
August 22, 2019
For most people, life feels better when there is something to look forward to. Whether looking forward to graduation, the arrival of a new baby, or retirement that affords a few years to just enjoy life – these kinds of things make going through challenging times somehow more manageable.
Will a New Consumer Bureau Director Heed the Agency’s Mission?
December 20, 2018
In her first news conference as a Senate-confirmed Director of the Consumer Financial Protection Bureau (CFPB), Kathleen Kraninger’s remarks sounded a lot like Mick Mulvaney, her former boss at the Office of Budget and Management (OMB).
CRL Calls for Firing of CFPB Fair Lending Official Who Used N-Word
October 11, 2018
Recent and stunning disclosures of racially-offensive writings by a high-ranking official at the Consumer Financial Protection Bureau (CFPB) has unleashed an escalating barrage of criticisms, including calls for the official to be fired and more probing questions regarding the agency’s commitment to fair lending.
Waters, Sen. Warren and CBC Members Question Consumer Financial Protection Bureau Actions under Trump Appointee
February 8, 2018
the group of lawmakers seek to know what prompted Mr. Mulvaney’s actions as well as his ties to the payday lending industry.
The Solar Industry Wants Me to Be Quiet. I Wonder Why.
April 19, 2017
I Won’t Be Silenced by the Solar Industry
Nation’s largest student loan servicer charged borrowers too much, says CFPB
March 2, 2017
A CFPB investigation of Navient, the nation’s largest student loan servicer of both private and federal student loans, found that borrowers were not accessing a federal student loan repayment option
What will you lose if consumer financial protection goes away?
November 28, 2016
In the coming months we must remain watchful for legislation and executive actions that would reverse the financial justice accomplished over the past five years
Consumers want action on illegal debt collection and CFPB agrees
August 3, 2016
A recent national consumer poll that was jointly commissioned by CRL and Americans for Financial Reform found broad and bipartisan concerns regarding debt collectors that sue without evidence
Vets and military families more at risk for debt collection and mortgage issues
April 7, 2016
Debt collection continues to dominate CFPB complaints
Is Congress representing the people or payday lenders?
March 17, 2016
Sometimes you just have to wonder what Members of Congress are thinking about. Consider the example of a bill known as H.R. 4018. First filed last November with only five co-sponsors. By mid-December the co-sponsor list grew to 24 representing districts in seven states. Most notably, 10 Florida Representatives signed on as co-sponsors sponsors that are both Democratic and Republican, Black, Latino and Anglo. And who would object to a bill with the title, the “Consumer Protection and Choice Act”? What’s not to like? A lot. The bill is designed to severely limit the Consumer Financial Protection Bureau’s (CFPB) ability