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Categories: Auto Finance, Compliance, Dealer Ops
CFPB Official Who Sued Trump Resigns, Drops Suit

The CFPB official who went to court last year after Trump appointed Mick Mulvaney as acting director announced on Friday she is leaving the embattled...

https://www.autodealertodaymagazine.com/324042/cfpb-official-who-sued-trump-resigns-drops-suit
Categories: Auto Finance, Compliance, Dealer Ops
House Republicans Say CFPB Prematurely Suspended Wells Fargo Investigation

House Republicans charged in a new report that the CFPB missed an opportunity to uncover Wells Fargo’s recently revealed insurance and GAP refund issues...

https://www.autodealertodaymagazine.com/323446/house-republicans-say-cfpb-prematurely-suspended-wells-fargo-investigation
Categories: Auto Finance, Compliance, Dealer Ops
AFSA to Congress: The CFPB ‘Needs to Be Reined In’

A day after House Republicans called for the dismissal of CFPB Director Richard Cordray, the American Financial Services Association called on Congress to...

https://www.autodealertodaymagazine.com/323072/afsa-to-congress-the-cfpb-needs-to-be-reined-in
Categories: Compliance, Dealer Ops, F&I

President Donald Trump took his first step toward making good on his promise to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act,...

https://www.autodealertodaymagazine.com/322929/president-trump-orders-review-of-dodd-frank
Categories: Auto Finance, Compliance, Dealer Ops
Senate Republicans Introduce CFPB-Restructuring Bill

Senate Republicans have reintroduced legislation aimed at replacing the CFPB’s single-director structure with a five-member bipartisan board. The bill was...

https://www.autodealertodaymagazine.com/322928/senate-republicans-introduce-cfpb-restructuring-bill
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The CFPB finalized today its proposal to oversee nonbank auto finance companies. The finalized rule will take effect 60 days after publication in the...

https://www.autodealertodaymagazine.com/321728/cfpb-finalizes-proposal-to-oversee-nonbank-auto-finance-companies
Categories: Compliance, Dealer Ops

On the same day The Wall Street Journal published an op-ed piece critical of the CFPB’s targeting of the indirect auto finance channel, a bipartisan bill...

https://www.autodealertodaymagazine.com/321611/cfpb-faces-mounting-criticism-new-bipartisan-bill


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