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Beneficial State Foundation
BeneficialStFdn
To move beyond good intentions and empty promises, the banking industry must be both able and encouraged to share its progress on tackling inequity. A thread on data collection for
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Nick Catino
CatinoNick
THREAD: CFPB Open Banking Comment Letter1/ In Oct 2020, the CFPB announced the start of a rulemaking process on section 1033 of the Dodd-Frank Act, which provides “consumer access to
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Diane E Thompson
DianeEThompson1
Today, @cfpb settled with Harbour Portfolio for $25K, after finding that Harbour misrepresented as a matter of law to homeowners what was required to correct false credit reporting.Today's settlement provides
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Just here for the News and Puppy Pictures.
MrDespicable
I love that this tweet is going viral.The Consumer Financial Protection Board, the brainchild of Elizabeth Warren, was conceived specifically to protect and rectify this situations. If youve had fees,
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Diane E Thompson
DianeEThompson1
The CFPB Director was at pains today to acknowledge the the "national conversation on racial inequality".She issued a blog earlier this week saying the CFPB "is taking action to build
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Jason Mikula
mikulaja
CFPB Taskforce Report on Consumer Financial Law, inc 100 pages of recommendations, just dropped:Volume 1 - 798 pages: https://files.consumerfinance.gov/f/documents/cfpb_taskforce-federal-consumer-financial-law_report-volume-1_2021-01.pdf Vo
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Matt Kent
Kent_PubCitizen
Will be tweeting about the @CFPB symposium on cost-beenfit analysis for the next hour #regulations opening question (in so many words): CBA? good, bad, worth it? Howell Jackson says it's
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Conor Neu
ConorNeu
My top 7 #fintech lending predictions for 2021:1. The US consumer is going to struggle mid-year.Will be tough to pass more stimulus as the vaccine rolls out. There will be
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Consumer Reports Advocacy
CRAdvocacy
Complaints about credit reports accounted for more than 50 percent of all consumer complaints to the @CFPB in 2020. Incorrect information on credit reports was the top complaint according to
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Matt
regulatorynerd
Ohad asks a good question. I'm on hold with Wells Fargo checking refinancing options. So let's do a quick thread.https://twitter.com/ohadsamet/status/1344360906902351872 2/ First some background. Synchrony Financial, who issues the
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Norman Ornstein
NormOrnstein
I want to be realistic here. The opening for Democrats is not likely at all to be by altering the filibuster rule, although adamant Republican obstruction could change that calculus
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Diane E Thompson
DianeEThompson1
In March, complaints to the CFPB soared.@cfpb says it "has aggressively utilized [its] tools of regulation, supervision, consumer education and enforcement to protect consumers."What did the CFPB do in March?https://www.marketwatc
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Mike Pierce
millennial_debt
Lots of folks misread this op-ed (research cited in @washingtonpost & @latimes editorials too).This isn't about how we distribute $$ when we #cancelstudentdebt.It is about *the value* we assign to
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Matt
regulatorynerd
1/ Today the U.S. Consumer Financial Protection Bureau (“CFPB”) issued an advisory opinion about earned wage access products. If you’ve wondered what the legal skinny is on Dave, Earnin, Even
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Matthew Yglesias
mattyglesias
Something that gets easily forgotten is the 60 vote senate has never really been a thing. As recently as the start of my career in 2003, a major Medicare reform
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Tyler Gellasch
TylerGellasch
1/ A thread on financial regulation....and the OCCA lot of the disappointing discussions regarding @Michael_S_Barr for @usocc are really just a proxy fight over what could and should have happened
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