BNA INSIGHTS: The Consumer Financial Protection Bureau’s Authority to Regulate ‘Abusive’ Consumer Financial Products and Services

The Bureau of Consumer Financial Protection (CFPB) has been given a broad and vaguely-defined power to prohibit and punish “unfair, deceptive, and abusive financial practices.”…

With Reg Reform Complete, Focus Turns To Establishing Consumer Protection Bureau

The Treasury Department will designate a date for transferring powers to the new Consumer Financial Protection Bureau by the end of the summer under…

Administration Lauds New Credit Card Rules under CARD Act

President Obama called new credit card rules that took effect Feb. 22 a “turning point for American consumers.” The new rules marked the effective date of key…