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Enforcement Consumer Financial Protection Bureau Discrimination

Cordray's House Testimony Signals Areas of CFPB Focus

by Baker Donelson on

On June 18, 2014, CFPB Director Richard Cordray appeared before the House Financial Services Committee to testify about his agency's fifth Semi-Annual Report. As in past hearings, Cordray and House Republicans clashed over...more

CFPB & DOJ Consent Orders with Former GE Capital Retail Bank: Something Old and Something New

by Morrison & Foerster LLP on

Yesterday, the CFPB announced a $225 million settlement of two major credit card enforcement matters with Synchrony Bank, formerly known as GE Capital Retail Bank. First, the “Add-On Matter” targets alleged deceptive...more

The CFPB Stretches ECOA Past the Breaking Point with Auto Finance

by Ballard Spahr LLP on

In a story released last night, Carter Dougherty at Bloomberg reports that the CFPB has warned “at least four banks” that it may take enforcement action against them under ECOA, alleging that a “policy” of “allowing” dealers...more

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Cybersecurity

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