Consumer Financial Protection Bureau Semiannual Report
2015-07-16T07:18:48-04:00https://images.c-span.org/Files/9e8/20150715101228010_hd.jpgConsumer Financial Protection Bureau (CFPB) Director Richard Cordray testified on his agency’s semi-annual report. The latest report, released in June 2015, last month, showed that CFPB actions resulted in financial institutions providing $114 million in redress to over 700,000 consumers. In this hearing Mr. Cordray answered questions on such topics as Honda’s U.S. financial division $25 million settlement to resolve allegations of giving minority buyers higher interest rates on vehicle loans without regard to credit history, the CFPB’s data collection practices, and the agency’s work with Native American tribes.
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray testified on his agency’s semi-annual report. The latest report, released in June 2015,… read more
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray testified on his agency’s semi-annual report. The latest report, released in June 2015, last month, showed that CFPB actions resulted in financial institutions providing $114 million in redress to over 700,000 consumers. In this hearing Mr. Cordray answered questions on such topics as Honda’s U.S. financial division $25 million settlement to resolve allegations of giving minority buyers higher interest rates on vehicle loans without regard to credit history, the CFPB’s data collection practices, and the agency’s work with Native American tribes. close
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- Mike Rounds U.S. Senator (Class 2) [R] South Dakota
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