Senate Republicans last week introduced legislation that would require the CFPB’s funding to be subject to the appropriations process in Congress. Read More

The CFPB plans to finalize its personal financial data rights rule this October, Director Rohit Chopra informed lawmakers on Capitol Hill last week. He also highlighted the need for more oversight of technology companies. Read More

The ABA is expecting the CFPB to finalize two rules — one on overdraft fees and another on nonsufficient funds fees — within the next few months. Read More

Pete Mills, a senior vice president at the Mortgage Bankers Association, said the registry is an “unnecessary and redundant move.” The final rule requires nonbanks to report to the CFPB any government or court orders penalizing them for violations of consumer protection laws. Read More

The new dataset will standardize the exchange of information used by state and other regulators for mortgage exams. Read More

The proposed rule is the first of more amendments to the Fair Credit Reporting Act by the bureau, according to industry attorneys. Read More

A new circular expands on previous CFPB actions to protect consumer rights involving contract terms. Read More

The CFPB has outlined qualifications required by standard-setting organizations to be formally recognized as such. The move paves the way for the bureau’s upcoming personal financial data rights rule. Read More

CFPB sets likely date for implementation of its payday lending rule; OIG clears CFPB on civil penalty fund activities. Read More