Consumer Financial Protection Bureau News

Consumer Financial Protection Bureau News From AOL News

Opinion: Consumer Lending at Risk

Anyone with an interest in maintaining the positive economic momentum we've recently seen should pay close attention to the startup of the Consumer Financial Protection Bureau. The CFPB was created as part of the so-called Dodd-Frank law enacted last year to rectify the practices that led to the 2008 financial crash, with...

Opinion: Abolish Fannie and Freddie

When the Obama administration issues its report about the future of Fannie Mae and Freddie Mac -- expected later this week -- it is sure to set off another round of debate about what to do with these giant mortgage companies. During the depths of the financial crisis, there was plenty of brave talk from Democrats and...

Opinion: Washington Still Suffers From Economic ADD

(Oct. 1) -- Have you seen the recent news from the White House about a new federal professional sports task force to formulate rules on NFL overtime and the use of instant replay in Major League Baseball? Well, it hasn't happened ... yet! But given the lack of focus we see in Washington, I wouldn't be at all surprised to...

Opinion: Fighting to Protect Consumers

(Sept. 17) -- Over the past several weeks, President Barack Obama and I have had extensive conversations about the vital importance of consumer financial protection. The president asked me, and I enthusiastically agreed, to serve as an assistant to the president and special adviser to the secretary of the treasury on the...

Opinion: Drenching America's Can-Do Spirit

(Aug. 6) -- The recent disappointing gross domestic product numbers showing an abnormally sluggish recovery cause me to ask: Where is the "can do" America in which I grew up and where we got back on our feet quickly after downturns? Is it being drenched by nanny-state rules that dictate just about everything we can do or...

Background on Consumer Financial Protection Bureau

The United States Consumer Financial Protection Bureau (CFPB) is the federal agency that holds primary responsibility for regulating consumer protection in the United States.

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