Richard Cordray, the former director of the Consumer Financial Protection Bureau who tried and failed to appoint his own successor, is out of a job again.
The reelection campaign for Maryland Gov. Larry Hogan (R.) is calling on his Democratic opponent Ben Jealous to return money he received from executives from LendUp, a payday loan company Jealous invests in that has been fined millions for predatory lending practices.
Leandra English, the Obama administration political appointee who tried to seize leadership of the Consumer Financial Protection Bureau, is leaving the agency and dropping her lawsuit against the White House.
A New York federal judge on Thursday threw out a case brought by the Consumer Financial Protection Bureau (CFPB), ruling that the agency’s structure is unconstitutional.
The White House is officially sending the nomination of Kathleen Laura Kraninger to be Director of the Bureau of Consumer Financial Protection to the Senate.
Because Mick Mulvaney was only appointed to the “acting director” position within the Consumer Financial Protection Bureau last fall, he is term-limited by law in that role to 210 days, a deadline which will come June 22.
A transparency and accountability watchdog is asking the inspector general’s office of the Consumer Financial Protection Bureau to launch an investigation into reports that the deputy director may be using government time to further her personal lawsuit against President Donald Trump and questions if the anonymous funding of that lawsuit violates ethics laws against receiving gifts in office.
The Consumer Financial Protection Bureau, or CFPB, confirmed on Wednesday that it had been struck by at least 240 hack attacks and another 800 suspected hacks, jeopardizing mortgage information, Social Security numbers, and personal banking information of scores of Americans, according to congressional testimony.