Newsroom

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In The News: Mick Mulvaney Is Right To Reform CFPB

April 12, 2018 | CFSA Commentary

Acting Director Mick Mulvaney is right to move to reform the bureau and separate it entirely from partisan politics. Only then can it become the independent agency Congress envisioned....

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CFSA Files Lawsuit Against Consumer Financial Protection Bureau Over Small-Dollar Loan Rule

April 9, 2018 | Press Releases

Lawsuit Alleges CFPB Violated Federal Regulatory Requirements; Bureau Structure is Unconstitutional
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CFPB should make sure payday rule reboot meets consumer needs

March 8, 2018 | Commentary

The federal government and the entire financial services industry have a duty to help Americans understand their consumer rights so they can make well-informed decisions with their money — but it is unclear how often this is happening. ...

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In The News: CFPB Should Make Sure Payday Rule Reboot Meets Consumer Neets

March 8, 2018 | CFSA Commentary

National Consumer Protection Week gives us an important opportunity to reflect on whether we are truly listening to the wants and needs of American consumers.

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CFSA Statement on CFPB Reconsideration of Small-Dollar Loan Rule

January 19, 2018 | Press Releases

Dennis Shaul, CEO of the Community Financial Services Association of America (CFSA), released the following statement in light of the Consumer Financial Protection Bureau’s (CFPB) decision to potentially reconsider its small-dollar loan rule....

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Summary of CFPB Notices of Proposed Rulemaking (NPRMs)

December 1, 2017 | Federal & CFPB Regulations

Summary of CFPB Notices of Proposed Rulemaking (NPRMs)...

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The ‘Equifax’ threat to small-dollar loan customers

November 15, 2017 | Commentary

There are many flaws in the Consumer Financial Protection Bureau’s (CFPB) small-dollar loan rule, which will deny millions of Americans access to a vital form of credit. ...

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Fox News: Javier Palomarez: Why CFPB's rule on small dollar loans puts minority communities at risk

November 9, 2017 | Relevant News

Last month, the Consumer Financial Protection Bureau (CFPB) released its final rule on small-dollar loans. The CFPB heralded this rule as a victory for consumers that would protect them from unscrupulous practices. In reality, however, this rule will shutter thousands of small businesses across the country and force millions of small-dollar loan customers to seek out dangerous alternatives. In doing so, the CFPB is putting the small business community at risk
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