★ Organization
Consumer Financial Protection Bureau
Government Body · Federal Government · Financial Services
- Actions
- 3
- Topics
- 4
- People
- 1
- Sectors
- 2
The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector. Its jurisdiction spans banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, for-profit colleges, and other financial companies operating in the United States. The agency was established under the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 in response to the 2007–2008 financial crisis.
Sectors
People
Actions
Includes actions Consumer Financial Protection Bureau appears on directly, plus actions flagged against the sectors it belongs to.
Trump orders Labor Department to allow alternative assets in 401(k)s
Financial Services sector — Easing ERISA fiduciary guidance on alternative assets in 401(k) plans opens trillions in defined-contribution capital to private equity, hedge fund, real estate, and infrastructure managers across the alternative-asset industry.
CFPB drops enforcement case against TransUnion and John Danaher
Filed the court dismissal of the enforcement action against TransUnion and Danaher at the direction of acting director Russell Vought.
Trump's CFPB drops Capital One consumer-protection lawsuit
Filed court documents dismissing the Capital One lawsuit and four other active enforcement cases at the direction of acting director Russell Vought.
Trump's CFPB drops four more enforcement lawsuits in same-day sweep
Filed court documents dismissing active enforcement cases against Rocket Homes, PHEAA, Vanderbilt Mortgage and Finance, and Heights Finance Holding Company.