CFPB Plans to Increase Regulation over “Buy Now, Pay Later” Lenders

The Consumer Financial Protect Bureau (CFPB) issued a release on September 15, 2022, announcing its intent to issue additional interpretive guidance or rules to ensure “Buy Now, Pay Later” (BNPL) lenders comply with the same or similar regulations already established for credit cards following a study ...Read More

‘A cop on the beat again’: Biden looks to reassert consumer watchdog agency sidelined by Trump

The Biden administration is working to reassert the government’s top consumer watchdog, which was sidelined by President Donald Trump, just as the U.S. economy is showing signs of revving up. The Consumer Financial Protection Bureau, or CFPB, hollowed out and politicized under Trump after his ...Read More

The Consumer Financial Protection Bureau Is A Regulator On A Mission To Hold Wall Street And Banks Accountable—And They’re Aggressively Hiring

The Consumer Financial Protection Bureau (CFPB) is a relatively new regulatory agency that was created in the wake of the financial crisis. This was the brainchild of Senator Elizabeth Warren. She felt that the banks, credit card companies, mortgage brokers and other financial institutions ...Read More

Biden’s Lead Picks For The Securities And Exchange Commission And The Consumer Financial Protection Bureau Show He’s Making Compliance And Regulations Great Again

(Photo By Wikimedia Commons) One of the first things President Donald Trump did when he took office was to sign an executive order requiring that for every new federal regulation implemented, two must be rescinded. “If you have a regulation you want, No. 1, ...Read More