House Republicans claim CFPB’s auto lending rule is illegal
As they stockpile ammunition in their efforts to remove CFPB Director Richard Cordray, House Republicans are claiming that recent auto lending rules by the Bureau are illegal. Joe Mont has more.
Related articles
-
Article
The CFPB is under attack again, but this time may be different
Past efforts to dismantle the CFPB have not accomplished much, but fresh legal challenges and legislation might spell trouble for the much-criticized government office.
-
News BriefCFPB humility pledge reshapes exam process, as agency faces uncertain future
The U.S. Consumer Financial Protection Bureau’s Supervision Division introduced a new “humility pledge” last month that examiners will read aloud at the start of each oversight engagement. It’s another shift in how the organization handles itself under the Trump administration.
-
News BriefCFPB shutdown appears imminent, enforcement transferred to DOJ
The Consumer Financial Protection Bureau is reportedly transferring its enforcement caseload to the DOJ, one of multiple indicators telegraphing its eminent shutdown.