- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
With latest volley in ongoing debates over the constitutionality of the CFPB, a federal judge in New York ruled on Thursday that the Bureau’s current structure is unconstitutional.
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A new report, released by Democrats on the Senate Banking Committee, details how they think Acting Director Mick Mulvaney “has undermined the Consumer Financial Protection Bureau’s mission to enforce consumer protections.”
Kathy Kraninger is likely to prevail as President Trump’s nominee to head the CFPB, despite her evasive performance during a hearing before the Senate Banking Committee.
Data brokers have been getting away with selling Americans’ personal and financial data without adequate protections, an illegal practice that a new rule proposed by the Consumer Financial Protection Bureau will intend to stop, CFPB Director Rohit Chopra said.
