CFPB

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."

Consumer Groups Urge CFPB to Stop Enforcement Reorganization Plan

Publish Date: 
November 2, 2020
Type: 
legislative

NACA joined 82 other public interest organizations on a letter urging CFPB Director Kathleen Kraninger to abandon a plan to reorganize the Bureau's Division of Supervision, Enforcement, and Fair Lending. The proposed reorganization would drastically weaken the Bureau's Enforcement arm and leave consumers vulnerable to harm from financial institutions.

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