Earlier this month, the Consumer Financial Protection Bureau (CFPB or Bureau) issued new policy statements regarding its ...
The CFPB issued separate policy statements on "sandbox approvals" and no-action letters for fintechs. Both policies are expected to be rescinded by an acting CFPB director appointed by President-elect ...
In an effort to foster innovation in financial services, the CFPB is reinstituting its programs that allow companies to obtain regulatory safe harbors through no-action letters and sandboxes to ...
Mass.) in particular has pressured the bank CEOs in public hearings and letters to address the amount of scams on Zelle. The Wall Street Journal in August reported that the CFPB was probing the ...
The credit-reporting firm is further accused of issuing confusing and conflicting letters about the results ... penalty that will be deposited into the CFPB's victims relief fund.
The CFPB alleged the credit bureau failed to properly ... provided confusing and conflicting letters to consumers about the results of its investigations, and used flawed software code which ...