Consumer Financial Protection Bureau
Recent News About Consumer Financial Protection Bureau
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AG Paxton Sends Letter to the Consumer Financial Protection Bureau on Regulating Fees by Financial Institutions
AG Paxton Sends Letter to the Consumer Financial Protection Bureau on Regulating Fees by Financial Institutions. -
U.S. Law Enforcement Targets Fraud Facilitators, Doubling Last Year’s Enforcement
U.S. Law Enforcement Targets Fraud Facilitators, Doubling Last Year’s Enforcement. -
TEXAS OFFICE OF THE ATTORNEY GENERAL: AG Paxton Leads 14-State Brief Challenging Constitutionality of the Consumer Financial Protection Bureau
Leading a coalition of 14 states, Attorney General Ken Paxton today filed a friend-of-the-court brief with the U.S. Court of Appeals for the 5th Circuit, challenging the constitutionality of the Consumer Financial Protection Bureau (CFPB). -
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. -
U.S. Chamber, 17 other groups seek to vacate CFPB arbitration rule
DALLAS – The U.S. Chamber of Commerce, along with 17 other groups, are seeking to overturn a recent U.S. Consumer Financial Protection Bureau rule that prevents financial service providers from using arbitration as a means to settle disputes with consumers and avoid class-action litigation. -
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. -
Texas AG reaches $470M joint state-federal settlement with HSBC
AUSTIN – On Feb. 5 Texas Attorney General Ken Paxton announced a $470 million joint state-federal settlement with lender HSBC to address mortgage origination, servicing and foreclosure abuses. -
Small banks and credit unions brace for more Dodd-Frank impact
By AMANDA SMITH-TEUTSCH -
Federal judge tosses Dodd-Frank challenge; plaintiffs say they will appeal
WASHINGTON (Legal Newsline) — A federal judge has dismissed a lawsuit challenging the constitutionality of certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. -
Eight states join challenge of Dodd-Frank
WASHINGTON (Legal Newsline) – Eight state attorneys general, including Texas AG Greg Abbott, have joined a lawsuit that challenges the constitutionality of certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. -
It's time for a 'Regulatory Cocktail' against unethical debt collectors
Medical researchers came up with a breakthrough in the 1980s in their quest to cure patients of HIV. -
***FOR PRINT***Hearing set for Cordray, other appointments
Cordray WASHINGTON (Legal Newsline) -- The House Judiciary Committee will have a hearing Feb. 15 over the constitutionality of recent recess appointments by President Obama. -
Report: Obama nominee, some AGs too close to plaintiffs bar
Cordray NEW YORK (Legal Newsline) � The relationship between plaintiffs attorneys and the man President Barack Obama wants to head a key consumer protection agency is targeted in a new report by the Manhattan Institute. -
Obama, Cordray were co-defendants in prisoner's lawsuit
Obama WASHINGTON (Legal Newsline) - Now co-workers, President Barack Obama and former Ohio Attorney General Richard Cordray were once co-defendants. -
Financial reform passes
Miller WASHINGTON (Legal Newsline) - A group of Democratic state attorneys general are excited that President Barack Obama signed federal financial reform legislation into law Wednesday.