Director Kraninger Remarks During Financial Stability Oversight Council Meeting

Thank you, Secretary Mnuchin, for calling this meeting of the FSOC. In addition earlier this week, you convened the Financial Literacy and Education Commission.

Thank you, Secretary Mnuchin, for calling this meeting of the FSOC. In addition earlier this week, you convened the Financial Literacy and Education Commission.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraninger-remarks-financial-stability-oversight-council-meeting/

Director Kraninger Remarks During National Association of Realtors 2020 Legislative Meetings

Good afternoon. It would have been great to see all of you in person, but I thank you for the opportunity to be with you here today virtually during these difficult and unprecedented times.

Good afternoon. It would have been great to see all of you in person, but I thank you for the opportunity to be with you here today virtually during these difficult and unprecedented times.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraninger-remarks-national-realtors-association-2020/

Consumer Financial Protection Bureau Announces Guidance on Remittance Transfers During COVID-19 Pandemic

The Consumer Financial Protection Bureau took steps to ensure that consumers will be able to continue to send remittance transfers without disruption during the COVID-19 pandemic.

The Consumer Financial Protection Bureau took steps to ensure that consumers will be able to continue to send remittance transfers without disruption during the COVID-19 pandemic.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-guidance-remittance-transfers-during-covid-19-pandemic/

CFPB Provides Flexibility During COVID-19 Pandemic

The Consumer Financial Protection Bureau announced that it is providing needed flexibility to enable financial companies to work with customers in need as they respond to the COVID-19 pandemic.

The Consumer Financial Protection Bureau announced that it is providing needed flexibility to enable financial companies to work with customers in need as they respond to the COVID-19 pandemic.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-provides-flexibility-during-covid-19-pandemic/

CFPB Takes Key Steps to Prevent Consumer Harm; Proposes Whistleblower Award Program, Other Measures

The Consumer Financial Protection Bureau announced three steps to advance its strategy on one of its key priorities: preventing consumer harm.

The Consumer Financial Protection Bureau announced three steps to advance its strategy on one of its key priorities: preventing consumer harm.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-key-steps-prevent-consumer-harm-proposes-whistleblower-award-program/

CFPB Announces Policy Regarding Prohibition on Abusive Acts of Practices

The Consumer Financial Protection Bureau (Bureau) issued a policy statement providing a common-sense framework on how it intends to apply the “abusiveness” standard in supervision and enforcement matters.

The Consumer Financial Protection Bureau (Bureau) issued a policy statement providing a common-sense framework on how it intends to apply the “abusiveness” standard in supervision and enforcement matters.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-announces-policy-regarding-prohibition-abusive-acts-practices/

Bureau roundtables seek public input

As part of the Bureau’s commitment to engage
stakeholders in active dialogue about key issues, the Bureau recently held
three roundtables to gather feedback about the Requests for Information the
Bureau recently issued.

As part of the Bureau’s commitment to engage stakeholders in active dialogue about key issues, the Bureau recently held three roundtables to gather feedback about the Requests for Information the Bureau recently issued.

Read more / Original news source: https://www.consumerfinance.gov/about-us/blog/bureau-roundtables-seek-public-input/