News & Analysis as of

Enforcement Consumer Financial Protection Bureau (CFPB) Military Lending Act

Manatt, Phelps & Phillips, LLP

CFPB 2019 Year in Review and What to Expect in 2020

Renewed Vitality but Self-Inflicted Wounds on Constitutionality - The Consumer Financial Protection Bureau (CFPB or Bureau) had an active 2019, and we review the most significant stories here. Likewise, we discuss the...more

Manatt, Phelps & Phillips, LLP

New Year, New CFPB? Kraninger Memo Sparks Debate

Perhaps setting the tone at the Bureau of Consumer Financial Protection (CFPB or Bureau), new Director Kathy Kraninger urged Bureau employees to “vigorously enforce the law” but refrain from presuming guilt about industry...more

Foley & Lardner LLP

CFPB Expands Its Enforcement Efforts Against Payday Lending

Foley & Lardner LLP on

In November, 2013, the Consumer Financial Protection Bureau announced its first enforcement action against a payday lender. Cash America International was fined $5 million and was ordered to refund $14 million to its...more

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