CFPB:WATCH suspending operations

It is with a sense of real regret that today’s issue is the last, at least for now, of CFPB:WATCH.

We began publishing it a little over a year ago, as a pilot project that would chronicle the faltering first few steps of the newborn agency, the Consumer Financial Protection Bureau. It’s been fascinating for us, and we hope you have enjoyed our coverage and found it informative.

It’s clear now that …

Republicans hammer Cordray again; this time he fights back

Republicans on the House Financial Services Committee flailed in helpless rage a little more stridently than normal at the January 28 hearing. Usually, the mild-mannered Richard Cordray, director of the …

Political fallout grows as retail data breaches rise

The string of high-profile data breaches at retail stores is attracting Congressional ire, a situation that could affect every business that accepts credit or debit card payments for goods and …

At forum, ombudsmen explain their roles as neutral arbiters

Five ombudsmen for financial regulators walk into a room.

That’s not the start of the joke, but a description of an informative exchange at a recent meeting in Washington, where these …

CFPB proposes to expand its regulation of remittances

Under rules proposed by the CFPB, nonbanks that offer foreign money transfer services would be subject to the same regulations and supervision by the Consumer Financial Protection Bureau as banks …