CFPB Archives - The Industry Spread

Consumer Financial Protection Bureau Issues Request for Information to Assist Taskforce on Federal Consumer Financial Protection Law

March 31, 2020

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) issued today a request for information (RFI) to assist the Taskforce on Federal Consumer Financial Law (Taskforce) with recommendations on harmonizing, …

CFPB, FTC and States Announce Settlement with Equifax Over 2017 Data Breach

July 29, 2019

The Consumer Financial Protection Bureau (Bureau), the Federal Trade Commission (FTC), and 48 states, the District of Columbia and Puerto Rico announced a global settlement today with Equifax that would provide up to $700 million in monetary relief and penalties. In a complaint and proposed stipulated judgment filed in federal district court in the Northern District of Georgia, the Bureau alleges that Equifax engaged in unfair and deceptive practices in connection with the 2017 data breach of Equifax’s systems that impacted approximately 147 million consumers.

CFPB To Hold First Symposium On June 25

June 20, 2019

The Consumer Financial Protection Bureau announced today that its first symposium will be held on June 25 at 9 a.m. The symposium, part of a series announced earlier this year, will focus on the Dodd-Frank Act’s prohibition on abusive acts or practices. The symposium will be webcast on the Bureau’s website. 

CFPB Highlights of Director Kraninger’s First Six Months

June 19, 2019

CFPB Highlights  June 11th marks the first six months of Director Kathleen L. Kraninger leading the Consumer Financial Protection Bureau. Launched an initiative, Start Small, Save Up, to increase emergency savings among consumers;
Expanded the Misadventures in Money Management financial education tool for active-duty servicemembers; 
Educated consumers about mortgage closing scams;