Personal Finance Advice and Commentary

Thursday, July 31, 2014 5:00 pm
By Allison Ross ·

The Consumer Financial Protection Bureau again has raised concerns about overdraft protections at banks, today releasing a report that says small debit card purchases lead to expensive overdraft fees. “Today’s report shows that consumers who opt in to overdraft coverage put themselves at serious risk when they use their debit card,” CFPB Director Richard Cordray

Friday, May 23, 2014 12:16 pm
By Allison Ross ·

Some nonbanks have “systemic flaws” in how they treat consumers, the CFPB says.

Friday, May 09, 2014 5:23 pm
By Allison Ross ·

The Financial Stability Oversight Council advises government policymakers on how to address potential threats to the financial sector.

Tuesday, March 25, 2014 12:02 am
By Allison Ross ·

Some consumers end up paying more in fees than the amount of money initially borrowed.

Tuesday, April 23, 2013 12:04 pm
By Mark Hamrick ·

How the two chambers are handling their oversight of the Consumer Financial Protection Bureau has become a study in contrast.

Thursday, February 28, 2013 12:13 pm
By Claes Bell, CFA ·

Created by the Dodd-Frank financial reform law, CFPB’s Office of Financial Education is just getting off the ground.

Wednesday, January 30, 2013 10:48 am
By Polyana da Costa ·

What if the appointment of the CFPB’s head is ruled unconstitutional?

Wednesday, December 07, 2011 12:30 pm
By Marcie Geffner ·

The Consumer Financial Protection Bureau, or CFPB, plans to streamline a number of regulations it “inherited” as part of its inception from seven other agencies. And it’s asking the public for advice on how to tackle the job. Raj Date, special adviser to the Treasury on the CFPB, said in a statement the goal is

Thursday, July 21, 2011 8:25 am
By Marcie Geffner ·

The new Consumer Financial Protection Bureau, or CFPB, is set to start more of its official operations this week – if, that is, a number of bills pending in Congress don’t weaken its authority to do so. The bills include the following. H.R. 1121. This would replace the CFPB’s single director with a five-member board of

Monday, July 18, 2011 1:08 pm
By Marcie Geffner ·

President Barack Obama has nominated the first director of the new Consumer Financial Protection Bureau, or CFPB, created by the Dodd-Frank Wall Street Reform and Consumer Protection Act he signed into law last year. The nomination is important for banking customers, banks and nonbank financial institutions that soon will be subject to the bureau’s regulatory