CFPB

NACA to CFPB: Maintain Processes That Facilitate Vigorous Enforcement of Consumer Laws

Publish Date: 
May 14, 2018
Type: 
legislative

NACA submitted comments in response to the Consumer Financial Protection Bureau's Request for Information on its Enforcement Processes. NACA is concerned that the CFPB has issued this and other public Requests for Information as an opening to revamp its internal processes and hinder activities meant to protect consumers and the financial markets.

 

NACA Shares Views on Recent CFPB Developments with House Committee

Publish Date: 
April 11, 2018
Type: 
legislative

In its letter to the House Financial Services Committee for its hearing on the CFPB Semiannual Report to Congress, NACA said: "Since the CFPB’s inception, NACA has supported the bureau’s mission and commended its tremendous commitment to curbing predatory and illegal business practices in the consumer finance sector. However, the agency’s recent actions (and inaction) over the last several months indicate a willingness to abandon its duty to protect consumers in the financial marketplace.

Pages

Subscribe to RSS - CFPB