- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The latest move in the ongoing chess match between Sen. Elizabeth Warren (D-Mass.) and CFPB Acting Director Mick Mulvaney is the legislator’s demand for answers to more than 100 questions relating to the Bureau’s policies and actions.
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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.
Throughout the month, a flurry of commenters has weighed in on efforts to potentially reshape the Consumer Financial Protection Bureau’s enforcement policies.
Ohio-based Fifth Third Bank will pay $20 million in penalties to the Consumer Financial Protection Bureau for allegedly opening fake bank accounts and wrongfully repossessing customers’ vehicles.
