Senator Warren presses CFPB for details on freeze of data collection

Senator Elizabeth Warren on Friday sent a letter addressed to Mick Mulvaney, as Director of the Office of Management and Budget, and Leandra English, as Acting Director of the Consumer Financial Protection Bureau, expressing concern about Mulvaney's decision to freeze the collection of consumer data by the CFPB. On December 4th, citing concerns by the […]

Nebraska introduces pro-net neutrality legislation

The Hill reports that Nebraska is the first Republican-controlled state to launch its own attempt to save net neutrality rules. On Friday, state Sen. Adam Morfeld (D) introduced legislation in the state legislature to enshrine net neutrality regulations in law on the state level. Morfeld’s bill would keep broadband providers like AT&T and Comcast from […]

Report that Mulvaney CFPB Stafffer Lobbied Against CFPB Discrimination Protections Before Joining CFPB

The report comes from Allied Progress. Excerpt: Just before the holiday break, Consumer Financial Protection Bureau (CFPB) “Acting Director” Mick Mulvaney announced that several of his senior staff from the Office of Management and Budget (OMB) would be taking on leadership roles at the CFPB. That list included his chief of staff Emma Doyle. What […]

More CFPB News to be Concerned About: Hensarling Aides Move to CFPB

by Jeff Sovern The new chief of staff for the CFPB will be Kirsten Sutton Mork, a longtime aide for House Financial Services Chair Jeb Hensarling, according to Mr. Hensarling. Chief of staff is the position formerly held by Leandra English, who is locked in a battle with Mulvaney to be acting director of the Bureau.  […]

Study Examines Impact of Mortgage Modification Programs

Diana Farrell and Kanav Bhagat, both of JP Morgan Chase, Peter Ganong at the Harris Public Policy School of the University of Chicago, and Pascal Noel of the University of Chicago Booth School of Business have written Mortgage Modifications after the Great Recession: New Evidence and Implications for Policy. Here's the abstract: In the aftermath of […]

Bank Trade Group Fears Industry Will Capture CFPB

by Jeff Sovern Camden R. Fine is the president and CEO of the Independent Community Bankers of America, a trade group for community bankers. The American Banker recently published his op-ed, Don’t let a credit union regulator run the CFPB, opposing the candidacy of National Credit Union Administration Chairman J. Mark McWatters to head the CFPB. Here's […]

Article on Designing Platforms–Like Uber, Airbnb–to Prevent Discrimination

Karen Levy and Solon Barocas of Cornell have written Designing Against Discrimination in Online Markets, 32 Berkeley Technology Law Journal (2018).  Here is the abstract: Platforms that connect users to one another have flourished online in domains as diverse as transportation, employment, dating, and housing. When users interact on these platforms, their behavior may be influenced by preexisting […]