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Federal consumer watchdog agency gets more aggressive under Biden


Federal consumer watchdog agency gets more aggressive under Biden
Posted May 11, 2021
In this Dec. 11, 2018, file photo, Consumer Financial Protection Bureau Director Kathy Kraninger pauses as she speaks to media at the CFPB offices in Washington.AP Photo/Carolyn Kaster, File
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NEW YORK The nation’s consumer watchdog is signaling a more aggressive approach toward the financial services sectors after a few years of being on a tight leash.
Under President Biden, the Consumer Financial Protection Bureau has rescinded or scaled back a number of policies put in place by the Trump administration. And the bureau is staffing up in anticipation of taking a more active role in regulation and enforcement, as it did during the Obama administration. ....

United States , Department Of Education , District Of Columbia , White House , Seth Frotman , Richard Hunt , Dave Uejio , Rohit Chopra , Kathy Kraninger , Betsy Devos , Richard Cordray , Odette Williamson , Centers For Disease , National Consumer Law Center , Office Of Student , Associated Press , Consumer Financial Protection Bureau , Consumer Bankers Association , Student Borrower Protection Center , President Biden , Great Recession , President Obama , Disease Control , Federal Trade , Federal Office , Education Secretary Betsy Devos ,

Consumer watchdog agency rediscovers its teeth under Biden


Consumer watchdog agency rediscovers its teeth under Biden
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By KEN SWEET
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Associated Press
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Monday, May 10, 2021
NEW YORK (AP) - The nation’s consumer watchdog is signaling a more aggressive approach toward the financial services sectors after a few years of being on a tight leash.
Under President Biden, the Consumer Financial Protection Bureau has rescinded or scaled back a number of policies put in place by the Trump administration. And the bureau is staffing up in anticipation of taking a more active role in regulation and enforcement, as it did during the Obama administration. ....

United States , Department Of Education , District Of Columbia , White House , Seth Frotman , Richard Hunt , Dave Uejio , Rohit Chopra , Kathy Kraninger , Betsy Devos , Richard Cordray , Odette Williamson , Centers For Disease , National Consumer Law Center , Office Of Student , Consumer Financial Protection Bureau , Consumer Bankers Association , Washington Times , Student Borrower Protection Center , President Biden , Great Recession , President Obama , Disease Control , Federal Trade , Federal Office , Education Secretary Betsy Devos ,

Consumer watchdog rediscovers its teeth


NEW YORK The nation’s consumer watchdog is signaling a more aggressive approach toward the financial services sectors after a few years of being on a tight leash.
Under President Biden, the Consumer Financial Protection Bureau has rescinded or scaled back a number of policies put in place by the Trump administration. And the bureau is staffing up in anticipation of taking a more active role in regulation and enforcement, as it did during the Obama administration.
This is all being done without the CFPB having a permanent director, an important position since the bureau’s authority comes from the director who is answerable only to the president. Dave Uejio, a long-time career employee of the bureau, has been the bureau’s acting director since Trump’s appointee Kathy Kraninger resigned the day Biden was sworn into office. ....

United States , Department Of Education , District Of Columbia , White House , Seth Frotman , Richard Hunt , Dave Uejio , Rohit Chopra , Kathy Kraninger , Betsy Devos , Richard Cordray , Odette Williamson , Centers For Disease , National Consumer Law Center , Office Of Student , Consumer Financial Protection Bureau , Consumer Bankers Association , Student Borrower Protection Center , President Biden , Great Recession , President Obama , Disease Control , Federal Trade , Federal Office , Education Secretary Betsy Devos , ஒன்றுபட்டது மாநிலங்களில் ,