CFPB

NACA Joins Public Interest Groups on Artificial Intelligence Comments to Financial Regulators

Publish Date: 
July 1, 2021
Type: 
legislative

NACA joined a group of consumer, community, housing, small business, and other public interest organizations to submit a comment in response to a Request for Information on financial institutions' use of artificial intelligence. The comment highlights the fair lending implications of artificial intelligence and how regulators can address them.

NACA in the News: Will Biden's policies take the CFPB's consumer protection mission forward?

Release Date: 
May 13, 2021

Creditcards.com, Will Biden's policies take the CFPB's consumer protection mission forward?

"However, there remains a 'long way to go' in terms of financial inclusion of minorities, according to Ira Rheingold, an Executive Director for the National Association of Consumer Advocates. Minority communities still need to be treated better in terms of pricing of financial products, he noted.

Student Advocacy Groups Send Letter in Support of Rohit Chopra

Publish Date: 
March 1, 2021
Type: 
legislative

NACA joins student loan and student borrower advocacy groups on a letter to the U.S. Senate Committee on Banking, Housing and Urban Affairs in support of Federal Trade Commisioner Rohit Chopra's nomination to be Director of the Consumer Financial Protection Bureau. Commissioner Chopra previously served as the CFPB's first student loan ombudsman.

NACA and 137 Other Groups Support Rohit Chopra's Nomination for CFPB Director

Publish Date: 
March 1, 2021
Type: 
legislative

NACA joined 137 other consumer, civil rights, community, housing, labor, small business, and other public interest organizations on a letter to the Senate in support of Federal Trade Commissioner Rohit Chopra's nomination to be Director of the Consumer Financial Protection Bureau.

NACA in the News: $1 fines from consumer agency were common under Trump. That's about to change.

Release Date: 
January 11, 2021

Los Angeles Times, $1 fines from consumer agency were common under Trump. That's about to change.

"'The CFPB’s once-stellar enforcement record and overall effort to stop illegal activity and hold financial entities accountable became instantly mediocre under the Trump administration,' Christine Hines, legislative director of the National Assn. of Consumer Advocates, told me."

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