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Unlock the page and place Mick Mulvaney as Director. This charade is over.
http://www.foxnews.com/politics/2017/11/28/temporary-restraining-order-to-stop-trumps-pick-for-cfpb-is-denied.html — Preceding unsigned comment added by 2605:6000:6B45:6F00:C9CA:1B1D:DBF2:7BEC ( talk) 22:49, 28 November 2017 (UTC)
Fake News. Fake Wikipedia. Trump Derangement Syndrome on full display. — Preceding unsigned comment added by 2605:6000:6B45:6F00:5C97:A290:7D8F:F1BF ( talk) 01:46, 6 December 2017 (UTC)
The U.S. Conference of Mayors (USCM) is urging the U.S. Senate to confirm Richard Cordray, a former Ohio attorney general, as director of the new Consumer Financial Protection Bureau (CFPB). The push by USCM comes as Senate Republicans are vowing to block Cordray’s nomination in tomorrow’s scheduled vote. In a letter to Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., USCM President Antonio Villaraigosa and Vice President Michael Nutter lauded Cordray ...
99.181.136.158 ( talk) 01:14, 10 December 2011 (UTC)
The result of the move request was: moved. Jenks24 ( talk) 07:39, 14 August 2012 (UTC)
United States Consumer Financial Protection Bureau → Consumer Financial Protection Bureau – "United States" is unnecessary disambiguation not supported by official usage. See the bureau's official site, which features CFPB branding. Popular references to the "United States Consumer Financial Protection Bureau" surely exist, but these are either errors or prose disambiguation and contextualization; without similar offices in other governments, the "United States" qualifier is an artifice of ours. Note that a majority of the other members of Category:Independent agencies of the United States government, as well as its parent Category:Agencies of the United States government, lack this designation. -- BDD ( talk) 21:24, 6 August 2012 (UTC)
Thank you so much for your prompt reply and guidance on contributing to Wikipedia. In response to your sourcing suggestion, I pulled some third party sources for each section of the text and cited them below with links. Please don’t interpret my citation of these articles or other links as an endorsement of the source by me or the CFPB. I just thought these sources might assist you and others interested in improving the page.
I would be excited to assist any editors interested in enhancing the CFPB’s Wikipedia article. Of course, I work at the CFPB, so I have a conflict of interest. But I believe that the Bureau has great resources for the public that are only useful if American consumers know about them. Wikipedia is a valuable resource for millions of Americans who want to know more about how their government works and what it can, and should, be doing for them. More information on the CFPB’s entry on Wikipedia would help citizens access this knowledge.
Please let me know if you have other suggestions on how I can support editors of this entry.
Thank you, Harris.CFPB ( talk) 18:36, 6 September 2013 (UTC)
History
In July 2010, Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Act created the Consumer Financial Protection Bureau (CFPB) [1]. The stated mission of the CFPB is to make markets for consumer financial products and services work for Americans. [2] On July 16, 2013, the Senate confirmed Richard Cordray to a five-year term as the Director of the CFPB. [3]Congress established the CFPB to protect consumers by administering and enforcing several federal consumer financial laws. [4] Among other things, the CFPB:
- Conducts rule-making, supervision, and enforcement for federal consumer financial laws [5]
- Takes consumer complaints about consumer financial products or services [6]
- Promotes financial literacy [7]
- Researches consumer behavior [8]
- Monitors financial markets for risks to consumers [9]
- Enforces laws that prohibit unfair, deceptive, or abusive acts or practices in the consumer financial markets [10]
Resources for the Public
The CFPB provides plain-language answers, from experts, to common financial questions in an interactive database called Ask CFPB. [11] The database provides a resource for consumers looking for information on various financial topics.The CFPB accepts complaints from consumers about credit cards, mortgages, private student loans, bank accounts and services, consumer loans, credit reporting, money transfers, and debt collection and continues to work toward expanding complaint handling to include other products and services under the CFPB’s authority. [12]
The CFPB accepts complaints through its website and by telephone, mail, email, fax, and referral from other agencies. Its U.S.-based contact centers provide services in more than 180 languages and for the hearing- and speech-impaired, via a toll-free telephone number. [13] Information about consumer complaints is available to the public through the Consumer Complaint Database.
Through the Paying for College online tool, the CFPB helps students and their families navigate the college financing process. [14] Students can compare financial aid and college costs for their different prospective schools, understand monthly student loan payments after graduation, and weigh average debt levels at graduation relative to average starting salaries. [15]
Mortgage Rules
Early in 2013, the CFPB issued a number of rules for the mortgage market. It issued loan origination rules to help ensure that mortgage lenders do not steer borrowers into risky and high-cost loans. [16] The CFPB also issued the Ability-to-Repay rule, which implements the requirement under the Dodd-Frank Act that lenders assess whether prospective borrowers have a reasonable ability to repay their mortgage loans. [17] The CFPB also issued mortgage servicing rules that, among other things, establish new protections for homeowners facing foreclosure. [18] These rules ensure that borrowers in trouble get a fair process to try to avoid foreclosure if possible. The CFPB published plain-language guides to help industry compliance with these new rules. [19]
Major Enforcement Actions
The CFPB is authorized to enforce federal consumer financial laws. [20] Using that authority, the CFPB has taken enforcement actions against companies that harmed consumers, including several actions against credit card companies that profited from deceptive marketing practices and, in one instance, discriminated against consumers. In a series of enforcement actions brought together with other regulators, including cases involving Capital One, Discover, and American Express, the CFPB secured $425 million in relief for consumers who were wronged, provided procedures for obtaining refunds, imposed penalties on the companies to deter such activity in the future, and made clear to all market participants that similar practices will not be tolerated. [21]
In June of 2013 the CFPB ordered U.S. Bank and one of its nonbank partners, Dealers’ Financial Services, to return approximately $6.5 million to servicemembers across the country after determining the two companies developed a joint program that engaged in deceptive marketing and lending practices while providing subprime auto loans to tens of thousands of active-duty military members. [22]
Supervisory Authority
The CFPB supervises large banks, thrifts, and credit unions and their affiliates in order to assess compliance with federal consumer financial law and detect risks to consumers and consumer financial markets. [23] The CFPB is also the first federal agency to have supervision authority over nonbanks in the mortgage, payday, and private student lending industries, as well as nonbanks that are larger participants in other consumer finance markets. [24] The CFPB’s supervision authority extends to about 175 debt collectors, which account for over 60 percent of the industry’s annual receipts. [25] In addition, the CFPB became the first federal agency to supervise participants in the consumer reporting market, which includes what are commonly called credit bureaus or credit reporting companies. The CFPB’s supervisory authority applies to about 30 consumer reporting companies, which account for over 90 percent of the consumer reporting market. [26] The CFPB coordinates its supervisory activities with other federal and state agencies to better protect consumers and minimize regulatory burden. [27]
Research and Market Monitoring
The CFPB studies markets for consumer financial products in order to identify risks to consumers. [28] The CFPB has issued reports and whitepapers on a number of these markets. In June 2012, the Bureau released a report on reverse mortgages that cited high consumer awareness of the product but low consumer understanding of particular product features. [29] In July 2012, the CFPB published a report on the private student loan market, detailing market trends, consumer demographics, and recommendations to improve consumer protections. [30] In September 2012, researchers at the CFPB issued a study finding differences in credit scores provided to consumers and those used by lenders during loan underwriting. [31] The CFPB also published a white paper detailing how consumer data and complaints are handled by the credit reporting infrastructure of the three largest U.S. consumer reporting agencies. [32] In 2013, the Bureau released reports critical of many short-term borrowing products including payday loans, deposit advance, and overdraft. [33] [34]
<blockquote>...</blockquote>
prevented them from appearing. —
Makyen (
talk)
19:31, 21 March 2014 (UTC)This edit request by an editor with a conflict of interest was declined. The reviewer would like to request the editor with a COI attempt to discuss with editors engaged in the subject-area first. |
This article is about a recently-created agency of the US federal government (which I work for). Because of how quickly the Bureau has grown and expanded, this article has become outdated and incomplete. Another representative of the Bureau has posted new (independently sourced) information about the Bureau that paints a more complete picture of its recent history, powers, and activity, however they do not want to edit this information into the article themselves to avoid a conflict of interest. This information is found below under "Additional Information" — Preceding unsigned comment added by ArthurBA ( talk • contribs) 17:37, 11 October 2013 (UTC)
do you know what the word overview means? It sure doesn't look that way. Spinbot is engaging in edit warring because it does not like.— Preceding unsigned comment added by 98.225.252.201 ( talk • contribs) 21:25, 26 December 2013
Spinbot has been cited before and banned from editing for engaging in edit warring and this instance is no different. It seeks to replace impartial information it does not like with something it does. What I added was almost year old news with a quote from the director of this agency, from a respected publication that enhances the scope of this agency. Spinbot prefers the word manage to control, added speculation, motivation et al or nothing at all to do with the overview of this agency.
The government does not help people manage their money, it controls the ways in which the people can do it.
Further, I cannot be engaging in edit warring here. I posted the businessweek link first until I searched further and found an unedited version which said absolutely nothing about protecting senior citizens. I posted both links, did not include any of the polemic material from the second link, unlike spinbot that included speculation about motivations and so forth, who posted a lot more biased material from the businessweek article than I had originally. I would have to be edit warring with myself.
What's derogatory about it? Maybe the next edit should include the agency seeks to control the nation's private retirement funds oh but some liberals contend that they are really going to help people manage them instead even though they don't help people manage their retirement funds in any real world example, they merely control what they can and cannot be invested in. Nothing deragatory there either right? New game of spinbot nation-post accoprding to conservative as if it is some radical notion while posting the completely incongruent with reality liberal version as if that is some kind of mainstream truth. What spinbot did here is edit warring 101-it brought nothing new to the site and merely cherry picked amongst the sources I provided to best suit it's likes. — Preceding unsigned comment added by 208.88.4.211 ( talk) 05:08, 27 December 2013 (UTC)
I posted the article, I know what it said, I know what I posted, I know what you edited. I also know what the original article said.
I'll make this extremely simple. I can list many ways the government is currently controlling the way american's can invest their private retirement money. The biggest way is that it is very easy to invest it in listed securities, bonds, most financial instruments that are heavily regulated, while making it very difficult to invest it in non-listed assets such as: art, real estate, physical commodities et al. That is the government controlling the ways in which the citizens can invest their private retirement funds, that is not the government helping people to manage their retirement money.
Although largely synonymous control is more accurate in this context than manage. Surely, spinbot has plenty of examples of the government helping people manage their retirement money and not controlling it. Since it has been edit warring over it.
Likewise it is a fact that the private retirement money is already regulated by the SEC and The Department of Labor. Why did businessweek leave that out while forbes kept it in? Why shouldn't be included on this page? — Preceding unsigned comment added by 98.225.252.201 ( talk) 23:10, 26 December 2013 (UTC)
We are not talking about much content here. Yes, it is very ironic as the underlying topic involves $20trillion in private retirement accounts, a dead broke government and a guy in charge of a federal agency talking about linking one up with the other. — Preceding unsigned comment added by 98.225.252.201 ( talk) 23:15, 26 December 2013 (UTC)
Maybe someone can explain how spinbot get's to revert pages ad infinitum without being blocked? If you blocked the anon editor for three reverts and spinbot's revert is the last one-guess what unless you failed math he violated the 3rr rule too.
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I didn't find anything in the article about how the CFPB could help consumers concerned about the July security breach that Equifax announced on September 7. If CFPB offers any relevant services it would be nice to know what they are. Vaughan Pratt ( talk) 17:21, 9 September 2017 (UTC)
Trump has appointed Mick Mulvaney to be the next CFPB director [1] [2] [3], which sets up a clash over interpretation of 1011(b)(5) of the Dodd-Frank Act as it relates to the Federal Vacancies Reform Act of 1998: there is a dispute over whether this means Leandra English or Mulvaney is the next director. Does anyone know how to handle this from the perspective of Wikipedia (infobox officeholder, etc)? — cnzx ( talk) 04:02, 25 November 2017 (UTC)
Resolved, the law is clear: https://www.cbsnews.com/news/white-house-responds-to-lawsuit-against-trump-for-naming-cfpb-acting-director/ — Preceding unsigned comment added by 155.220.248.90 ( talk) 17:08, 27 November 2017 (UTC)
The top lawyer for the U.S. Consumer Financial Protection Bureau (CFPB) has concluded that President Donald Trump has the authority to name its acting director, three sources familiar with the matter said on Sunday, rejecting an effort by her former boss at the agency to name his immediate successor.
The office of CFPB General Counsel Mary McLeod has prepared a memo concurring with the opinion of the U.S. Justice Department that Trump has the power to appoint his budget chief, Mick Mulvaney, as temporary leader of the federal watchdog agency, according to the sources, who spoke on condition of anonymity. — Preceding unsigned comment added by 155.220.248.90 ( talk) 18:19, 27 November 2017 (UTC)
https://hotair.com/archives/2017/11/27/cfpb-top-lawyer-trumps-right-know/
Does Reuters count as a legitimate news source in your world? https://www.reuters.com/article/us-usa-trump-cfpb-memo/exclusive-u-s-consumer-finance-agency-lawyer-sides-with-trump-over-succession-sources-idUSKBN1DR05A
These are prima facie interpretations from lawyers inside the DoJ and CFPB, they do not mean the matter is "resolved". The executive branch does not interpret the law, the judicial branch does. — cnzx ( talk) 20:57, 27 November 2017 (UTC)
If the matter is not resolved, who is sending emails, and who is sitting in the Director's Office? More Fake News from the left, next it will be Russia who interfered with the CFPB. Seriously, the "we" on Wikipedia are all being as too obvious and insane as the fake news media. Agendas. Zero neutrality.
From Mikebreakrun3: This is ridiculous! Did gays get married just because suits were filed? No, the legal status stood until it was *overturned*. I just spent time objectively editing that page with current citations and they are being completely ignored and selectively reverted. Do you get to go back to work just because you filed your discrimination lawsuit? Of course, not. From where does all the magical, wishful thinking expressed above come? Lock the page, lock the page for the same reason you lock the knife drawer when you have little kids. Sheesh! — Preceding unsigned comment added by Mikebreakrun3 ( talk • contribs) 03:33, 28 November 2017 (UTC)
There has been no further discussion of this tag on the talk page. According to this wiki page, lack of discussion is reason for removal of the tag. Additionally, the lack of consensus identified in the original edit explanation appears to have been rectified by acknowledging the dispute between Mulvaney and English. Rainclaw7 ( talk) 14:02, 28 November 2017 (UTC)
Someone made a revision to this article to refer to the CFPB as the BCFP. Before we change the name of a government agency, shouldn't there be a discussion? — Preceding unsigned comment added by 173.68.117.127 ( talk) 19:48, 2 May 2018 (UTC)
The history section mention of Warren cites to a deadline of The Business Lawyer, “The First Year of the Consumer Protection Financial Bureau: An Overview” (2013) by Mogilnicki and Malpass. The Jstor preview shows it drew from “Unsafe at Any Rate”, (2007) by Warren availableDemocracyJournal.org ... Should the mention just cite the Warren article, or is another third party source preferred ? Cheers Markbassett ( talk) 11:09, 17 October 2019 (UTC)
For this: "The CFPB was designed to consolidate its employees and responsibilities from a number of other federal regulatory bodies, including the Federal Reserve, the Federal Trade Commission, the Federal Deposit Insurance Corporation, the National Credit Union Administration and even the Department of Housing and Urban Development. [5]"
The citation leads simply to a blog index page at the New York Times. — Preceding unsigned comment added by 100.4.149.129 ( talk) 14:58, 27 January 2020 (UTC)
The article clearly states that the first director was after the bill passed into law and was a recess appointment by Obama to overcome GOP objections and filibuster threats.
Why are Elizabeth Warren and Raj Date listed in the Directors table? Neither was a Director of the agency, at any point. They were merely aides to Obama charged with helping create the thing, as is well explained in the article.
It is quite misleading to include them in the table, and seems to be an effort to give Warren a title she did not actually ever have, yet another sad example of her inflated biographical details. Now that her run for POTUS is over maybe we can correct this. I assume during the campaign her staffers were probably paid to maintain this fiction.
A former economist at the CFPB accused Trump’s appointees of manipulating the bureau’s research to justify reversing payday lending rules. On his final day of work at the nation’s consumer finance watchdog agency, Jonathan Lanning detailed several attempts by his political appointees that he considered legally risky and scientifically indefensible, including pressuring staff economists to water down their findings on payday loans and using statistical gimmicks to downplay the harm consumers would suffer if the payday restrictions were repealed.
X1\ ( talk) 04:55, 30 April 2020 (UTC)
A fact from Consumer Financial Protection Bureau appeared on Wikipedia's
Main Page in the
Did you know column on 14 February 2011 (
check views). The text of the entry was as follows:
|
While the biographies of living persons policy does not apply directly to the subject of this article, it may contain material that relates to living persons, such as friends and family of persons no longer living, or living persons involved in the subject matter. Unsourced or poorly sourced contentious material about living persons must be removed immediately. If such material is re-inserted repeatedly, or if there are other concerns related to this policy, please see this noticeboard. |
This article is rated C-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Unlock the page and place Mick Mulvaney as Director. This charade is over.
http://www.foxnews.com/politics/2017/11/28/temporary-restraining-order-to-stop-trumps-pick-for-cfpb-is-denied.html — Preceding unsigned comment added by 2605:6000:6B45:6F00:C9CA:1B1D:DBF2:7BEC ( talk) 22:49, 28 November 2017 (UTC)
Fake News. Fake Wikipedia. Trump Derangement Syndrome on full display. — Preceding unsigned comment added by 2605:6000:6B45:6F00:5C97:A290:7D8F:F1BF ( talk) 01:46, 6 December 2017 (UTC)
The U.S. Conference of Mayors (USCM) is urging the U.S. Senate to confirm Richard Cordray, a former Ohio attorney general, as director of the new Consumer Financial Protection Bureau (CFPB). The push by USCM comes as Senate Republicans are vowing to block Cordray’s nomination in tomorrow’s scheduled vote. In a letter to Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., USCM President Antonio Villaraigosa and Vice President Michael Nutter lauded Cordray ...
99.181.136.158 ( talk) 01:14, 10 December 2011 (UTC)
The result of the move request was: moved. Jenks24 ( talk) 07:39, 14 August 2012 (UTC)
United States Consumer Financial Protection Bureau → Consumer Financial Protection Bureau – "United States" is unnecessary disambiguation not supported by official usage. See the bureau's official site, which features CFPB branding. Popular references to the "United States Consumer Financial Protection Bureau" surely exist, but these are either errors or prose disambiguation and contextualization; without similar offices in other governments, the "United States" qualifier is an artifice of ours. Note that a majority of the other members of Category:Independent agencies of the United States government, as well as its parent Category:Agencies of the United States government, lack this designation. -- BDD ( talk) 21:24, 6 August 2012 (UTC)
Thank you so much for your prompt reply and guidance on contributing to Wikipedia. In response to your sourcing suggestion, I pulled some third party sources for each section of the text and cited them below with links. Please don’t interpret my citation of these articles or other links as an endorsement of the source by me or the CFPB. I just thought these sources might assist you and others interested in improving the page.
I would be excited to assist any editors interested in enhancing the CFPB’s Wikipedia article. Of course, I work at the CFPB, so I have a conflict of interest. But I believe that the Bureau has great resources for the public that are only useful if American consumers know about them. Wikipedia is a valuable resource for millions of Americans who want to know more about how their government works and what it can, and should, be doing for them. More information on the CFPB’s entry on Wikipedia would help citizens access this knowledge.
Please let me know if you have other suggestions on how I can support editors of this entry.
Thank you, Harris.CFPB ( talk) 18:36, 6 September 2013 (UTC)
History
In July 2010, Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Act created the Consumer Financial Protection Bureau (CFPB) [1]. The stated mission of the CFPB is to make markets for consumer financial products and services work for Americans. [2] On July 16, 2013, the Senate confirmed Richard Cordray to a five-year term as the Director of the CFPB. [3]Congress established the CFPB to protect consumers by administering and enforcing several federal consumer financial laws. [4] Among other things, the CFPB:
- Conducts rule-making, supervision, and enforcement for federal consumer financial laws [5]
- Takes consumer complaints about consumer financial products or services [6]
- Promotes financial literacy [7]
- Researches consumer behavior [8]
- Monitors financial markets for risks to consumers [9]
- Enforces laws that prohibit unfair, deceptive, or abusive acts or practices in the consumer financial markets [10]
Resources for the Public
The CFPB provides plain-language answers, from experts, to common financial questions in an interactive database called Ask CFPB. [11] The database provides a resource for consumers looking for information on various financial topics.The CFPB accepts complaints from consumers about credit cards, mortgages, private student loans, bank accounts and services, consumer loans, credit reporting, money transfers, and debt collection and continues to work toward expanding complaint handling to include other products and services under the CFPB’s authority. [12]
The CFPB accepts complaints through its website and by telephone, mail, email, fax, and referral from other agencies. Its U.S.-based contact centers provide services in more than 180 languages and for the hearing- and speech-impaired, via a toll-free telephone number. [13] Information about consumer complaints is available to the public through the Consumer Complaint Database.
Through the Paying for College online tool, the CFPB helps students and their families navigate the college financing process. [14] Students can compare financial aid and college costs for their different prospective schools, understand monthly student loan payments after graduation, and weigh average debt levels at graduation relative to average starting salaries. [15]
Mortgage Rules
Early in 2013, the CFPB issued a number of rules for the mortgage market. It issued loan origination rules to help ensure that mortgage lenders do not steer borrowers into risky and high-cost loans. [16] The CFPB also issued the Ability-to-Repay rule, which implements the requirement under the Dodd-Frank Act that lenders assess whether prospective borrowers have a reasonable ability to repay their mortgage loans. [17] The CFPB also issued mortgage servicing rules that, among other things, establish new protections for homeowners facing foreclosure. [18] These rules ensure that borrowers in trouble get a fair process to try to avoid foreclosure if possible. The CFPB published plain-language guides to help industry compliance with these new rules. [19]
Major Enforcement Actions
The CFPB is authorized to enforce federal consumer financial laws. [20] Using that authority, the CFPB has taken enforcement actions against companies that harmed consumers, including several actions against credit card companies that profited from deceptive marketing practices and, in one instance, discriminated against consumers. In a series of enforcement actions brought together with other regulators, including cases involving Capital One, Discover, and American Express, the CFPB secured $425 million in relief for consumers who were wronged, provided procedures for obtaining refunds, imposed penalties on the companies to deter such activity in the future, and made clear to all market participants that similar practices will not be tolerated. [21]
In June of 2013 the CFPB ordered U.S. Bank and one of its nonbank partners, Dealers’ Financial Services, to return approximately $6.5 million to servicemembers across the country after determining the two companies developed a joint program that engaged in deceptive marketing and lending practices while providing subprime auto loans to tens of thousands of active-duty military members. [22]
Supervisory Authority
The CFPB supervises large banks, thrifts, and credit unions and their affiliates in order to assess compliance with federal consumer financial law and detect risks to consumers and consumer financial markets. [23] The CFPB is also the first federal agency to have supervision authority over nonbanks in the mortgage, payday, and private student lending industries, as well as nonbanks that are larger participants in other consumer finance markets. [24] The CFPB’s supervision authority extends to about 175 debt collectors, which account for over 60 percent of the industry’s annual receipts. [25] In addition, the CFPB became the first federal agency to supervise participants in the consumer reporting market, which includes what are commonly called credit bureaus or credit reporting companies. The CFPB’s supervisory authority applies to about 30 consumer reporting companies, which account for over 90 percent of the consumer reporting market. [26] The CFPB coordinates its supervisory activities with other federal and state agencies to better protect consumers and minimize regulatory burden. [27]
Research and Market Monitoring
The CFPB studies markets for consumer financial products in order to identify risks to consumers. [28] The CFPB has issued reports and whitepapers on a number of these markets. In June 2012, the Bureau released a report on reverse mortgages that cited high consumer awareness of the product but low consumer understanding of particular product features. [29] In July 2012, the CFPB published a report on the private student loan market, detailing market trends, consumer demographics, and recommendations to improve consumer protections. [30] In September 2012, researchers at the CFPB issued a study finding differences in credit scores provided to consumers and those used by lenders during loan underwriting. [31] The CFPB also published a white paper detailing how consumer data and complaints are handled by the credit reporting infrastructure of the three largest U.S. consumer reporting agencies. [32] In 2013, the Bureau released reports critical of many short-term borrowing products including payday loans, deposit advance, and overdraft. [33] [34]
<blockquote>...</blockquote>
prevented them from appearing. —
Makyen (
talk)
19:31, 21 March 2014 (UTC)This edit request by an editor with a conflict of interest was declined. The reviewer would like to request the editor with a COI attempt to discuss with editors engaged in the subject-area first. |
This article is about a recently-created agency of the US federal government (which I work for). Because of how quickly the Bureau has grown and expanded, this article has become outdated and incomplete. Another representative of the Bureau has posted new (independently sourced) information about the Bureau that paints a more complete picture of its recent history, powers, and activity, however they do not want to edit this information into the article themselves to avoid a conflict of interest. This information is found below under "Additional Information" — Preceding unsigned comment added by ArthurBA ( talk • contribs) 17:37, 11 October 2013 (UTC)
do you know what the word overview means? It sure doesn't look that way. Spinbot is engaging in edit warring because it does not like.— Preceding unsigned comment added by 98.225.252.201 ( talk • contribs) 21:25, 26 December 2013
Spinbot has been cited before and banned from editing for engaging in edit warring and this instance is no different. It seeks to replace impartial information it does not like with something it does. What I added was almost year old news with a quote from the director of this agency, from a respected publication that enhances the scope of this agency. Spinbot prefers the word manage to control, added speculation, motivation et al or nothing at all to do with the overview of this agency.
The government does not help people manage their money, it controls the ways in which the people can do it.
Further, I cannot be engaging in edit warring here. I posted the businessweek link first until I searched further and found an unedited version which said absolutely nothing about protecting senior citizens. I posted both links, did not include any of the polemic material from the second link, unlike spinbot that included speculation about motivations and so forth, who posted a lot more biased material from the businessweek article than I had originally. I would have to be edit warring with myself.
What's derogatory about it? Maybe the next edit should include the agency seeks to control the nation's private retirement funds oh but some liberals contend that they are really going to help people manage them instead even though they don't help people manage their retirement funds in any real world example, they merely control what they can and cannot be invested in. Nothing deragatory there either right? New game of spinbot nation-post accoprding to conservative as if it is some radical notion while posting the completely incongruent with reality liberal version as if that is some kind of mainstream truth. What spinbot did here is edit warring 101-it brought nothing new to the site and merely cherry picked amongst the sources I provided to best suit it's likes. — Preceding unsigned comment added by 208.88.4.211 ( talk) 05:08, 27 December 2013 (UTC)
I posted the article, I know what it said, I know what I posted, I know what you edited. I also know what the original article said.
I'll make this extremely simple. I can list many ways the government is currently controlling the way american's can invest their private retirement money. The biggest way is that it is very easy to invest it in listed securities, bonds, most financial instruments that are heavily regulated, while making it very difficult to invest it in non-listed assets such as: art, real estate, physical commodities et al. That is the government controlling the ways in which the citizens can invest their private retirement funds, that is not the government helping people to manage their retirement money.
Although largely synonymous control is more accurate in this context than manage. Surely, spinbot has plenty of examples of the government helping people manage their retirement money and not controlling it. Since it has been edit warring over it.
Likewise it is a fact that the private retirement money is already regulated by the SEC and The Department of Labor. Why did businessweek leave that out while forbes kept it in? Why shouldn't be included on this page? — Preceding unsigned comment added by 98.225.252.201 ( talk) 23:10, 26 December 2013 (UTC)
We are not talking about much content here. Yes, it is very ironic as the underlying topic involves $20trillion in private retirement accounts, a dead broke government and a guy in charge of a federal agency talking about linking one up with the other. — Preceding unsigned comment added by 98.225.252.201 ( talk) 23:15, 26 December 2013 (UTC)
Maybe someone can explain how spinbot get's to revert pages ad infinitum without being blocked? If you blocked the anon editor for three reverts and spinbot's revert is the last one-guess what unless you failed math he violated the 3rr rule too.
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I didn't find anything in the article about how the CFPB could help consumers concerned about the July security breach that Equifax announced on September 7. If CFPB offers any relevant services it would be nice to know what they are. Vaughan Pratt ( talk) 17:21, 9 September 2017 (UTC)
Trump has appointed Mick Mulvaney to be the next CFPB director [1] [2] [3], which sets up a clash over interpretation of 1011(b)(5) of the Dodd-Frank Act as it relates to the Federal Vacancies Reform Act of 1998: there is a dispute over whether this means Leandra English or Mulvaney is the next director. Does anyone know how to handle this from the perspective of Wikipedia (infobox officeholder, etc)? — cnzx ( talk) 04:02, 25 November 2017 (UTC)
Resolved, the law is clear: https://www.cbsnews.com/news/white-house-responds-to-lawsuit-against-trump-for-naming-cfpb-acting-director/ — Preceding unsigned comment added by 155.220.248.90 ( talk) 17:08, 27 November 2017 (UTC)
The top lawyer for the U.S. Consumer Financial Protection Bureau (CFPB) has concluded that President Donald Trump has the authority to name its acting director, three sources familiar with the matter said on Sunday, rejecting an effort by her former boss at the agency to name his immediate successor.
The office of CFPB General Counsel Mary McLeod has prepared a memo concurring with the opinion of the U.S. Justice Department that Trump has the power to appoint his budget chief, Mick Mulvaney, as temporary leader of the federal watchdog agency, according to the sources, who spoke on condition of anonymity. — Preceding unsigned comment added by 155.220.248.90 ( talk) 18:19, 27 November 2017 (UTC)
https://hotair.com/archives/2017/11/27/cfpb-top-lawyer-trumps-right-know/
Does Reuters count as a legitimate news source in your world? https://www.reuters.com/article/us-usa-trump-cfpb-memo/exclusive-u-s-consumer-finance-agency-lawyer-sides-with-trump-over-succession-sources-idUSKBN1DR05A
These are prima facie interpretations from lawyers inside the DoJ and CFPB, they do not mean the matter is "resolved". The executive branch does not interpret the law, the judicial branch does. — cnzx ( talk) 20:57, 27 November 2017 (UTC)
If the matter is not resolved, who is sending emails, and who is sitting in the Director's Office? More Fake News from the left, next it will be Russia who interfered with the CFPB. Seriously, the "we" on Wikipedia are all being as too obvious and insane as the fake news media. Agendas. Zero neutrality.
From Mikebreakrun3: This is ridiculous! Did gays get married just because suits were filed? No, the legal status stood until it was *overturned*. I just spent time objectively editing that page with current citations and they are being completely ignored and selectively reverted. Do you get to go back to work just because you filed your discrimination lawsuit? Of course, not. From where does all the magical, wishful thinking expressed above come? Lock the page, lock the page for the same reason you lock the knife drawer when you have little kids. Sheesh! — Preceding unsigned comment added by Mikebreakrun3 ( talk • contribs) 03:33, 28 November 2017 (UTC)
There has been no further discussion of this tag on the talk page. According to this wiki page, lack of discussion is reason for removal of the tag. Additionally, the lack of consensus identified in the original edit explanation appears to have been rectified by acknowledging the dispute between Mulvaney and English. Rainclaw7 ( talk) 14:02, 28 November 2017 (UTC)
Someone made a revision to this article to refer to the CFPB as the BCFP. Before we change the name of a government agency, shouldn't there be a discussion? — Preceding unsigned comment added by 173.68.117.127 ( talk) 19:48, 2 May 2018 (UTC)
The history section mention of Warren cites to a deadline of The Business Lawyer, “The First Year of the Consumer Protection Financial Bureau: An Overview” (2013) by Mogilnicki and Malpass. The Jstor preview shows it drew from “Unsafe at Any Rate”, (2007) by Warren availableDemocracyJournal.org ... Should the mention just cite the Warren article, or is another third party source preferred ? Cheers Markbassett ( talk) 11:09, 17 October 2019 (UTC)
For this: "The CFPB was designed to consolidate its employees and responsibilities from a number of other federal regulatory bodies, including the Federal Reserve, the Federal Trade Commission, the Federal Deposit Insurance Corporation, the National Credit Union Administration and even the Department of Housing and Urban Development. [5]"
The citation leads simply to a blog index page at the New York Times. — Preceding unsigned comment added by 100.4.149.129 ( talk) 14:58, 27 January 2020 (UTC)
The article clearly states that the first director was after the bill passed into law and was a recess appointment by Obama to overcome GOP objections and filibuster threats.
Why are Elizabeth Warren and Raj Date listed in the Directors table? Neither was a Director of the agency, at any point. They were merely aides to Obama charged with helping create the thing, as is well explained in the article.
It is quite misleading to include them in the table, and seems to be an effort to give Warren a title she did not actually ever have, yet another sad example of her inflated biographical details. Now that her run for POTUS is over maybe we can correct this. I assume during the campaign her staffers were probably paid to maintain this fiction.
A former economist at the CFPB accused Trump’s appointees of manipulating the bureau’s research to justify reversing payday lending rules. On his final day of work at the nation’s consumer finance watchdog agency, Jonathan Lanning detailed several attempts by his political appointees that he considered legally risky and scientifically indefensible, including pressuring staff economists to water down their findings on payday loans and using statistical gimmicks to downplay the harm consumers would suffer if the payday restrictions were repealed.
X1\ ( talk) 04:55, 30 April 2020 (UTC)