cfpb

New CFPB Seeks Hot Tips on Financial Lawbreakers

– Posted in: consumer news
The CFPB will provide much-anticipated protections for consumers.

The new Consumer Financial Protection Bureau (CFPB) recently announced a program to catch persons and businesses violating financial regulatory laws.  It particularly seeks tips from company employees and insiders who know of an employer’s financial services violations. The CFPB hopes that if it can learn of direct evidence from those in the know, it can [...]

If You Can’t Beat ‘Em from Without, Beat ‘Em from Within

– Posted in: consumer news
The CFPB will provide much-anticipated protections for consumers.

After President Obama passed her over as chief of the newly-created federal consumer protection bureau, Elizabeth Warren announced today that she formed an exploratory committee to run for the senate seat formerly held by Edward Kennedy. Her announcement reinvigorates the resolve of Consumer Rights Attorneys still smarting over Obama’s snub. For many, she was the [...]

President Disappoints by Passing Over Elizabeth Warren as Head of the New Consumer Financial Protection Bureau

– Posted in: consumer news
The CFPB will provide much-anticipated protections for consumers.

According to CNN, President Obama will not appoint Elizabeth Warren as director of the new Dodd-Frank consumer protection agency disappointing consumer advocates across the nation.  Instead, he is expected to nominate a former attorney general of Ohio, Richard Cordray. Graciously, Warren agreed that Cordray would be a committed champion of consumer causes, but many are [...]