As Cordray vacates his position, CU leaders want to see a shift in how regulation/compliance is done.
The CFPB's temporary leader is likely a man who's an outspoken critic of the agency and the NCUA.
In a surprise move, CFPB Director Richard Cordray announces he is stepping down at the end of the month.
In 2015, payday loan companies collected $3.6 billion in fees, yet a survey indicates borrowers have no regrets.
"The CU industry needs to offer a solution" to payday lenders.
CFPB Director Richard Cordray has been cleared of allegations that he improperly positioned himself to run for Ohio governor.
Trump's repeal of the CFPB's arbitration rule called "a win for credit unions" by CU officials.
Senator Sherrod Brown confirms bipartisan financial regulatory overhaul discussions have broken down.
The CFPB director makes a personal appeal to stop the nullification of the agency’s arbitration rule.
Leaders from NAFCU and CUNA are thankful for the Senate vote while critics see it as a blow to consumers.