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Foley & Lardner LLP | USA | 18 Jul 2011

Bureau issues progress report

On July 18, 2011, the Consumer Financial Protection Bureau issued a "progress report" entitled "Building the CFPB".


Jones Day | USA | 28 Feb 2011

Consumer Financial Protection Bureau's newly established supervisory and enforcement authorities require Senate-confirmed director

The Inspectors General of the Treasury Department and the Federal Reserve Board (together, the "Inspectors General") and Special Assistant to the President Elizabeth Warren respectively responded to letters from members of Congress questioning, among other things, the Consumer Financial Protection Bureau's ("Bureau") ability to operate without a Senate-confirmed Director.


Frost Brown Todd LLC | USA | 13 Sep 2010

Bureau of consumer financial protection

The Dodd-Frank Act responded to public criticism that the federal consumer credit protection laws were not vigorously enforced by the banking regulators, by creating a new independent watchdog for that purpose housed within the Federal Reserve.


Nutter McClennen & Fish LLP | USA | 26 Feb 2010

RESPA GFE questions and Massachusetts truth in lending

The U.S. Department of Housing and Urban Development has updated its summary of answers to frequently asked questions (FAQs) about the new Real Estate Settlement Procedures Act (RESPA) rules that went into effect at the beginning of the year.


Squire Patton Boggs | USA | 2 Jul 2009

Obama Administration submits its Consumer Financial Protection Agency Act to Congress as the first step in financial services regulation reform

On June 30 the Obama Administration submitted the legislative text of a 152-page act establishing the Consumer Financial Protection Agency as an independent agency in the executive branch to regulate the provision of all financial products and services to all consumers by all providers.

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