Former CFPB Director argues that businesses often prefer clear prescriptive rules over general standards.
The CFPB has proposed new regulatory tools to promote innovation in the financial services sector.
GAO is wrong to think that Congress can use the CRA to overturn agency guidance.
Reducing the power of technocrats will strengthen democratic legitimacy and political stability.
Scholar argues that more private enforcement mechanisms will strengthen consumer credit reporting.
The Dodd-Frank rollback will prohibit credit bureaus from charging fees to freeze credit reports.
D.C. Circuit weighs constitutionality of the consumer financial watchdog’s organizational structure.
Congress faces issues in attempting to apply regulation-removing law to agency guidance.
Without the possibility of class action lawsuits, consumers are now more vulnerable to corporate fraud.
Critics of CFPB’s arbitration rule are wrong about who bears the harms of forced arbitration.
New rule will raise costs, harming businesses, consumers, and the court system.
A divided government may not fully explain the creation of agencies not directly controllable by the President.