Hints and tips:
...Some think deposit insurance is a consumer protection tool, like limits on credit card fraud losses....
...(FT) The day ahead Confirmation hearings President Joe Biden’s choices to run the Securities and Exchange Commission and Consumer Financial Protection Bureau — Gary Gensler and Rohit Chopra, respectively...
...Hello from DC, where coronavirus has truly taken hold, and your FT bureau has taken to working from home like most of the city....
...In addition to the justice department, American Express said it had received inquiries from the Federal Reserve, the Office of the Comptroller of the Currency, the Bureau of Consumer Financial Protection...
...In 2013, the company reached a $2.1bn settlement with the Consumer Financial Protection Bureau (CFPB) over a long string of administrative errors and deceptive practices that allegedly pushed borrowers into...
...The acting chief of America’s Consumer Financial Protection Bureau has told staff that enforcement actions should be pursued very sparingly, as “the most final of last resorts”, signalling a radical departure...
...The Consumer Financial Protection Bureau, which opened in 2011 to fight for customer interests — is being quietly undermined....
...“Even if I thought I was the most progressive bank regulator in the United States, we have federal banking laws — and the FDIC would immediately say ‘no, this is not permissible....
...With the (temporary) exception of the Consumer Financial Protection Bureau, the Treasury, Fed and other supervisory agencies are imposing fewer new rules and being more generous in their interpretation of...
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
...Financial Protection Bureau is in the president’s sights, writes Edward Luce Sluggish growth will test voters’ endurance Economic distress and appetite for risk can often prime a nation for a turn to ideology...
...In these capacities, he took a leading role in developing responses to the financial crisis and in undertaking new initiatives to improve consumer protection and disclosure, including rules related to home...
...Financial Protection Bureau, a watchdog set up after the last financial crisis....
...The Consumer Financial Protection Bureau has also weighed in, announcing that it has set up a special desk to handle complaints relating to loans originated by marketplace lenders....
...“Any one of the proposed mergers/acquisitions would probably have been OK,” says Bob Young, chief economist at the American Farm Bureau Federation, which represents US farmers....
...The case was led by the Federal Bureau of Investigation, the US Postal Inspection Service, and the criminal investigations arm of the Internal Revenue Service....
...This could have negative implications for activity via business and consumer confidence and might result in greater volatility in financial and other asset markets”....
...Bronwyn Curtis, Chief economic adviser, Official Monetary & Financial Institutions Forum What we do know is that the uncertainty will hit consumer and institutional confidence, which means a drop in consumer...
...Meanwhile, the Consumer Protection Bureau is also taking a look at eBay owned Bill Me Later....
...The White House was criticised on the left for not nominating her to head the Consumer Financial Protection Bureau, even though the nomination was guaranteed to be blocked by Republicans....
...Protection Bureau....
...President Barack Obama made a “recess appointment” to the vacant top of the new Consumer Financial Protection Bureau. Now that it has a boss, it can act....
...Notably the Consumer Financial Protection Bureau, intended to crack down on the misselling of financial products, was created within the Treasury and then spun off as a separate agency, swelling the numbers...
...Among the positions still to be filled by the White House are the comptroller of the currency, positions on the Federal Reserve board and head of the new Consumer Financial Protection Bureau....
...Weak consumer spending has hit sectors such as retailing particularly hard....
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