Consumer Financial Protection Bureau
Recent News About Consumer Financial Protection Bureau
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State part of $35M settlement with Tempoe over ads, leasing
CHARLESTON — West Virginia Attorney General Patrick Morrisey's office has announced a multistate settlement with Tempoe resolving an investigation into the company’s advertising and leasing to consumers through retailers across the nation. -
Morrisey sings praises of work his office did in 2022
CHARLESTON — The AG’s office is entering 2023 with such momentum from a record-breaking 2022 that saw us keep up a vigorous fight on several fronts, seek to beat back energy policies that could destroy jobs, continue to combat opioid abuse and win historic victories in landmark court cases. -
Morrisey, other AGs want U.S. Supreme Court to review CFPB case
CHARLESTON — West Virginia Attorney General Patrick Morrisey is leading a coalition of 16 states in asking the U.S. Supreme to grant a petition concerning the constitutionality of the Consumer Financial Protection Bureau. -
Morrisey says CFPB must follow federal court order to operate
CHARLESTON — West Virginia Attorney General Patrick Morrisey is calling on the federal Consumer Financial Protection Bureau to heed the ruling from the U.S. -
Morrisey joins bipartisan coalition supporting Debt Bondage Repair Act for human trafficking victims
CHARLESTON — West Virginia Attorney General Patrick Morrisey and a bipartisan coalition of 41 attorneys general have come out in support of the Debt Bondage Repair Act in Congress to help those who have been victimized by human trafficking. -
Attorney General Morrisey, Bipartisan Coalition Express Support For Debt Bondage Repair Act
Attorney General Morrisey, Bipartisan Coalition Express Support For Debt Bondage Repair Act. -
AG's office reaches settlement with Nationstar Mortgage over consumer protection claims
CHARLESTON — West Virginia Attorney General Patrick Morrisey's office has joined a coalition of 51 attorneys general and other federal and state agencies to reach a settlement with the country’s fourth-largest mortgage servicer. -
End the CFPB’s frivolous Navient lawsuit
This is a clarion call for accountability and bipartisanship in the pursuit of genuine consumer protection. The CFPB Director Kathy Kraninger should apply her new accountability to take control of a misguided and failing case foisted upon her by Rob Cordray and end it. -
BAILEY & GLASSER LLP: Webinar: Consumer Financial Regulatory and Litigation Fallout from the COVID-19 Crisis, with Richard Cordray and John Roddy
How will regulatory agencies like the CFPB, FTC, and State Attorneys General react to the consumer financial impacts of COVD-19? -
BAILEY & GLASSER LLP: Debt Obligation Assistance During the COVID-19 Pandemic
The COVID-19 pandemic is affecting every aspect of the economy. -
BORDAS & BORDAS PLLC: Unfair Debt Collection – Know Your Rights
Abusive debt collection practices can take a terrible toll, emotionally and practically. -
Morrisey warns consumers of sweepstakes scam
CHARLESTON — West Virginia Attorney General Patrick Morrisey's office is warning consumers to be on guard when notified of winning a sweepstakes, especially those associated with the name of a legitimate company or government agency. -
It's time for Richard Cordray to go
Last year, West Virginia Attorney General Patrick Morrisey and other state AGs expressed concern that a rule on arbitration agreements proposed by the Consumer Financial Protection Bureau “exceeds the CFPB's statutory authority and fails to advance consumer protection or the broader public interest [and] should be withdrawn.” -
CFPB's new rule 'large gift for class action lawyers'; Court challenges coming
WASHINGTON (Legal Newsline) – As the director of a federal consumer protection agency seemingly fights for his job, he has gone forth with plans to finalize a controversial rule – and a court challenge seems imminent. -
Capito, bankers' group support CFPB oversight reform
WASHINGTON – U.S. Sen. Shelley Moore Capito (R-W.Va.) supports the type of Consumer Financial Protection Bureau oversight reform proposed by a bill introduced Jan. 13. -
Forced arbitration is a rip-off
CHARLESTON – Earlier this month, an editorial in The West Virginia Record described attempts to restore consumers’ right to hold criminal corporations accountable in court as nothing more than a money grab for trial lawyers. -
The Obama Administration's last-minute attacks on arbitration
Trial lawyers don't like arbitration, because arbitration reduces money-making opportunities for trial lawyers. -
New federal rule will cut nursing home arbitration clauses
WASHINGTON – A new federal rule will make it more difficult for nursing homes to take legal claims to arbitration. -
AG's office explains why it wants CFPB to withdraw arbitration rule
CHARLESTON — West Virginia Attorney General Patrick Morrisey recently led a coalition of AGs urging the Consumer Financial Protection Bureau (CFPB) to withdraw its arbitration rule that attempts to limit companies from including mandatory arbitration clauses in consumer financial agreements. -
CFPB? Creating Fortunes for the Plaintiffs Bar?
With the Obama administration, overreach comes from every direction.