Attacks on Consumers
Category
Under Mulvaney, CFPB Goes Longest Stretch of Time Without Enforcement Action
Since Mick Mulvaney’s became “Acting Director” of the Consumer Financial Protection Bureau (CFPB) in November of 2017, the CFPB has not is..
Mulvaney Letting More Predatory Payday Lenders Off the Hook
In a March 2018 Reuters article, National Credit Adjusters, an abusive debt collector for payday loan companies, confirmed that a pending ..
Data Freeze at CFPB Hampers Oversight of Banks
Consumer Financial Protection Bureau “acting head” Mick Mulvaney has frozen data collection that is needed for the CFPB to monitor financi..
Mulvaney Weakens Office that Fights Lending Discrimination
In late January, Mick Mulvaney took away the ability of the Consumer Financial Protection Bureau’s (CFPB) Office of Fair Lending and Equal..
Mulvaney Dropped CFPB Case Against Predatory Lender That Gave Him Thousands
Mulvaney’s CFPB notified World Acceptance Corporation it was dropping its case against them – campaign finance records reveal the company gave Mulvaney thousands in campaign cash.
Mulvaney Drains the Consumer Bureau’s Emergency Reserve Fund
In January, Consumer Financial Protection Bureau “Acting Director” Mick Mulvaney requested zero dollars in funding from the Federal Reserv..
New CFPB Mission Statement Focuses on Lifting Rules on Banks
Mick Mulvaney, the “acting head” of the Consumer Financial Protection Bureau, changed the CFPB mission statement. The CFPB was created in ..
Mulvaney Nixes Plan to Ask Consumers about Debt Collection Disclosures
Under previous Director Richard Cordray, the CFPB planned to conduct a survey of American consumers as part of the Bureau’s research on de..
White House Violates Independence of CFPB By Appointing White House Official to Head the Agency
On November 27th, 2017, Richard Cordray, the Director of the Consumer Financial Protection Bureau (CFPB) announced that he would step down..