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Only executive actions and rules that are still in the proposal stage can be immediately canceled, the group warned. Those include the payday lending rules proposed by the Consumer Financial Protection Bureau in June, meant to prevent borrowers from falling into debt
Economy

Koch-backed group aims for quick repeal of Obama payday, arbitration rules

Joseph Lawler -
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CFPB Director Richard Cordray said,
Economy

Feds warn banks not to use Wells Fargo-style tactics

Joseph Lawler -
0
Payday lenders may benefit from President-elect Trump's victory. (AP Photo/Gerald Herbert)
Economy

Trump may be a boon for payday lenders

Joseph Lawler -
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Consumer bureau takes aim at big debt collector
Economy

Consumer bureau takes aim at big debt collector

Joseph Lawler -
0
Sam Batkins, director of regulatory policy for American Action Forum, estimated that the Bureau has imposed $2.8 billion in regulatory costs since coming into existence altogether, and that $2.6 billion of that happened after its current director, Richard Cordray (above), was confirmed by the Senate in 2013. (AP Photos/Russell Contreras)
Economy

Consumer chief imposed $2.6 billion in regs before court ruling

Joseph Lawler -
0
The D.C. Circuit Court of Appeals decided that the new consumer agency, created by Congress in 2010, cannot be headed by a single director who can be removed only for cause by the president. (Ted Eytan/Flickr)
Economy

Court rules consumer bureau’s structure unconstitutional

Joseph Lawler -
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Payday loan products are still advertised in Google search results, five months after the technology company excited consumer groups by pledging to ban payday lenders from its ad system. (AP Photo/Ross D. Franklin)
Economy

Payday loans still advertised on Google after pledge

Joseph Lawler -
0
Democratic Sen. Jeff Merkley has been speaking on the Senate floor against the Supreme Court nomination of Neil Gorsuch for more than 5 hours. (AP Photo/J. Scott Applewhite)
Economy

Payday critics cry foul on pro-industry comments to agency

Joseph Lawler -
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Companies that issue prepaid cards will have to provide new consumer protections, consumer bureau says. (AP Photo/Swayne B. Hall)
Economy

New rules coming for increasingly popular prepaid cards

Joseph Lawler -
0
Economy

Congressional outrage over Wells Fargo fake accounts threatens Wall Street

Joseph Lawler -
0
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