by Eric J. Ellman | Mar 7, 2023
In March 2023, the Subcommittee on Financial Institutions and Monetary Policy of the House Financial Services Committee held a hearing, Consumer Financial Protection Bureau: Ripe for Reform. The staff also issued a committee memorandum. There were five witnesses: Bill...
by Eric J. Ellman | Jan 17, 2022
In January 2022, the CFPB announced the release of a report that the CFPB says “reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax,...
by Eric J. Ellman | Mar 25, 2021
In September 2019, CDIA filed suit against the State of Maine, challenging the validity of two new provisions of state law that (1) Change the way medical debt is reported to credit bureaus; and (2) Limit the reporting of adverse information about a consumer if that...
by Eric J. Ellman | Dec 14, 2020
In June 2020, CDIA joined with other trade associations in a letter supporting S. 3990, the Financial Product Safety Commission Act of 2020. This legislation would ensure the Consumer Financial Protection Bureau’s (CFPB) political independence by replacing the...
