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Richard Cordray

A collection of news and information related to Richard Cordray published by this site and its partners.

Top Richard Cordray Articles

Displaying items 23-33
  • JPMorgan Chase agrees to pay $389 million for credit card violations

    JPMorgan Chase agrees to pay $389 million for credit card violations
    WASHINGTON -- JPMorgan Chase & Co. has agreed to pay $389 million in refunds and penalties for illegally charging credit card customers for identity theft protection and other add-on services they didn't receive or authorize, federal regulators said...
  • CFPB: Consumers can pay steeply for overdraft protection

    CFPB: Consumers can pay steeply for overdraft protection
    After years of consumers paying steep fees for overdraft protection that, in some cases, they didn't even ask for, the government stepped in three years ago. Now, banks must get consumers OK — or opt-in —  before covering ATM and debit card...
  • U.S. judge dismisses suit against Dodd-Frank financial reform law

    U.S. judge dismisses suit against Dodd-Frank financial reform law
    WASHINGTON -- A federal judge has dismissed a lawsuit by a Texas bank, two free-market advocacy groups and 11 states against the Dodd-Frank Wall Street reform law, saying they did not show the likelihood of financial harm from the new government...
  • Consumer bureau suit says debt-relief firm charged improper fees

    Consumer bureau suit says debt-relief firm charged improper fees
    WASHINGTON -- The federal government's consumer financial watchdog on Tuesday sued Morgan Drexen Inc., of Costa Mesa, alleging it charged more than 22,000 customers millions of dollars in illegal upfront fees to help them resolve outstanding debts....
  • Consumer Financial Protection Bureau is keeping banks in check

    Michael Barr served as the U.S. Treasury Department's assistant secretary for financial institutions in 2009 and 2010. He oversaw the Obama administration's dealings with Congress in creating the Consumer Financial Protection Bureau. And he's still...
  • Celebrating Obama's Reversals

    Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. Barack Obama used a recess appointment to make...
  • Lenders venturing back into subprime market

    Lenders venturing back into subprime market
    Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking — a subprime loan. The...
  • Protege tus finanzas con ayuda en español

    Protege tus finanzas con ayuda en español
    Buenas noticias para los consumidores hispanos del sur de Florida! La Oficina para la Protección Financiera del Consumidor (CFPB) lanzó esta semana su sitio web en español: www.consumerfinance.gov/es, que también puedes usar en tu móvil, y que te...
  • Federal regulators probing real estate kickback schemes

    WASHINGTON — A settlement between the federal Consumer Financial Protection Bureau and a Texas home builder is drawing renewed attention to a controversial issue that was prominent during the years preceding the housing bubble: kickbacks in home...
  • Key Republican drops opposition to EPA nominee

    Key Republican drops opposition to EPA nominee
    WASHINGTON – A key Republican senator has dropped his objection to Gina McCarthy’s confirmation to lead the Environmental Protection Agency, potentially clearing her path as Republicans seek to head off Democratic efforts to change Senate...
  • Perez confirmation vote hangs on Senate's 'nuclear option' debate

    Perez confirmation vote hangs on Senate's 'nuclear option' debate
    Thomas E. Perez, the Marylander nominated by President Barack Obama to lead the U.S. Department of Labor, is set to face a critical vote in the Senate this week that puts his confirmation in the middle of a blistering battle over the use of the...