The Washington Times
CFPB Retools Payday Loan Rules to Help Desperate Americans Access an Important Source of Credit
Despite phased reopenings across the country, the economic fallout from the COVID-19 pandemic continues, keeping unemployment too high and straining personal finances.
News Release
CFPB Offers Relief on Small Dollar Loans
Today, the Consumer Financial Protection Bureau (CFPB) released its long-awaited final rewrite of the payday lending rule, formally titled the Payday, Vehicle Title, and Certain…
Blog
Seila Law Leaves More Questions than Answers over the Constitutionality of Past CFPB Actions
On June 29, the Supreme Court ruled the structure of Consumer Financial Protection Bureau to be unconstitutional. Chief Justice John Roberts delivered the majority opinion,…
News Release
Rather than reversing new fair-lending rules, Congress should instead completely repeal the Community Reinvestment Act
Today, House Democrats plan to use the Congressional Review Act to overturn recent actions taken by the Office of the Comptroller of the Currency (OCC)…
News Release
CEI Opposes the Protecting Your Credit Score Act
The House of Representatives today is considering H.R. 5332, the Protecting Your Credit Score Act, a bill that would require credit bureaus to jointly create…
Blog
Webinar Panel: Thoughts on the HEROES Act and Regulation of the Debt Collection Industry
Debt collection firms play a vital role in a market economy, as part of the "plumbing"—the underlying architecture—that makes modern credit markets possible. Legislation to…