CFPB | CUNA News

CFPB should release data behind credit card late fee proposal, extend comment deadline

The CFPB must release the underlying data on which its credit card late fee proposal is based on and extend the comment deadline to give time for stakeholders to analyze the data, CUNA and other organizations wrote Thursday.

Policy & Issues

CFPB continues overly broad use of ‘junk fees’

CUNA continues to be concerned with the CFPB's overly broad use of the term “junk fees,” as it will result in less consumer access to credit and ignores many standard fees that consumers opt into.

Policy & Issues

CUNA outlines principles that should guide CFPB actions

The Consumer Financial Protection Bureau (CFPB) has missed many opportunities to leverage credit unions’ mission and history to the benefit of consumers, CUNA wrote to the House Financial Services Subcommittee hearing on potential CFPB reforms.

Policy & Issues

CUNA backs bill to place CFPB under appropriations process

CUNA supports a bill introduced Wednesday that would bring the Consumer Financial Protection Bureau into the appropriations process turn it into an independent agency called the Consumer Financial Empowerment Agency.

Policy & Issues

CUNA-League backed bill would require CFPB cost-benefit analysis

Rep. Alex Mooney, R-W.V. introduced the CUNA and League-supported Transparency in CFPB Cost-Benefit Analysis Act (H.R. 1313), which would require the Consumer Financial Protection Bureau to include a cost-benefit analysis in its rulemakings.

Policy & Issues

CFPB appoints new Credit Union Advisory Council memebrs

The Consumer Financial Protection Bureau announced the appointment of new members to the Credit Union Advisory Council and other advisory committees. All new—and existing—members come from CUNA member credit unions.

Policy & Issues

CUNA calls for extended comment deadline for credit card late fee proposal

CUNA joined other organizations to request at least a 60-day extension of the comment deadline for the Consumer Financial Protection Bureau’s proposal on credit card late fees. The CFPB proposed the rule in February with a 60-day comment deadline.

Policy & Issues

SCOTUS will hear challenge to CFPB funding mechanism

The Supreme Court announced Monday it will hear a lawsuit challenging the funding mechanism of the Consumer Financial Protection Bureau (CFPB). CUNA has long supported placing the CFPB under the traditional appropriations process.

Policy & Issues

Court-ordered GLBA violations require CFPB intervention

CUNA and other financial services organizations called on CFPB Director Rohit Chopra to intervene to prevent court-ordered Gramm-Leach-Bliley Act violations. The CFPB has general GLBA rulemaking authority and a responsibility to ensure that inconsistent policy does not displace the rule’s requirements.

Policy & Issues

CFPB must convene SBREFA panel for credit card fee rulemaking

CUNA and other organizations called on the Consumer Financial Protection Bureau to comply with its statutory obligations under the Small Business Regulatory Enforcement Fairness Act (SBREFA) as part of a planned rulemaking concerning credit card penalty fees

News

Items Tagged with 'CFPB'

ARTICLES

CFPB should release data behind credit card late fee proposal, extend comment deadline

CFPB continues overly broad use of ‘junk fees’

CUNA outlines principles that should guide CFPB actions

CUNA backs bill to place CFPB under appropriations process

CUNA-League backed bill would require CFPB cost-benefit analysis

CFPB appoints new Credit Union Advisory Council memebrs

CUNA calls for extended comment deadline for credit card late fee proposal

SCOTUS will hear challenge to CFPB funding mechanism

Court-ordered GLBA violations require CFPB intervention

CFPB must convene SBREFA panel for credit card fee rulemaking

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