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In: CFPB

08 Jul 2020CFPB’s AI spotlight


Yesterday, the CFPB put out an Innovation Spotlight blog, Providing adverse action notices when using AI/ML models.  The posting notes that…

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01 Jul 2020SCOTUS: President can fire CFPB directors


This week, the U.S. Supreme Court decided Seila Law v. Consumer Financial Protection Bureau. In this case, a divided Court ruled…

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16 Jun 2020CFPB issues FAQs for CARES reporting


On June 16, CFPB issued Consumer Reporting FAQs Related to the CARES Act and COVID-19 Pandemic.  These FAQs follow an April…

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02 Jun 2020CDIA to CFPB Task Force: We have so much to talk about


CDIA filed a comment this week with the Taskforce on Federal Consumer Financial Law in response to its March 2020 Request…

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15 May 2020CFPB: Fair lending and AI


The CFPB released its latest fair lending report, Protecting consumers and encouraging innovation: 2019 Fair Lending Report to Congress with a…

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20 Apr 2020Data Suppression During COVID-19


As the country and world faces the unprecedented threat of the COVID-19 virus, many consumers are facing financial hardship and risk…

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06 Mar 2020CFPB Constitutional says the Fifth Circuit


As the U.S. Supreme Court debates the constitutionality of the CFPB, the Fifth Circuit weighed in upholding the Bureau’s constitutionality on…

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04 Mar 2020CFPB Constitutionality at the Supreme Court


The SCOTUS blog yesterday had two postings summarizing oral argument earlier in the day in a case that questions the constitutionality…

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20 Feb 2020CFPB Symposium on Consumer Access to Financial Records (Dodd-Frank Sec. 1033)


The CFPB announced that “it will hold a symposium on Consumer Access to Financial Records and Section 1033 of the Dodd-Frank…

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05 Feb 2020New CFPB policy of abusive acts, but questions remain


The CFPB’s policy statement on abusive acts or practices is still pretty new (here), but already interpretations are being offered, and…

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