Consumer Financial Protection Bureau

1700 G St NW
Washington, DC - 20552

Consumer Financial Protection Bureau News

Texas AG joins coalition supporting Trump’s appointment of temporary CFPB director

AUSTIN – On Nov. 27, Attorney General Ken Paxton joined a coalition of five states led by West Virginia in support of President Trump’s authority to appoint temporary leadership at the nation’s Consumer Financial Protection Bureau until a permanent director is nominated and confirmed.

Texas AG praises Trump and Congress for rescinding ‘unconstitutional’ Arbitration Rule

AUSTIN – Attorney General Paxton praised President Trump for signing into law a joint resolution passed by the U.S. Senate and U.S. House of Representatives that rescinds the Consumer Financial Protection Bureau’s “unconstitutional” Arbitration Rule.

Obama holdover wreaking havoc at federal consumer agency

Plaintiff's attorneys hate arbitration, but their hatred isn't arbitrary. It's well thought out and payday driven.

CFPB's new rule 'large gift for class action lawyers'; Court challenges coming

WASHINGTON (Legal Newsline) - As the director of a federal consumer protection agency seemingly fights for his job, he has gone forth with plans to finalize a controversial rule – and a court challenge seems imminent.

Houston law professor: Mass tort system good at weeding out ‘dogs’

HOUSTON – That so many fraudulent claims were identified in a Texas lawsuit stemming from the 2010 BP Deep Horizon oil spill is an indicator the mass torts system is working as intended, Richard Alderman, director of the University of Houston Consumer Law Center, recently told the SE Texas Record.