FFIEC also tells institutions to review controls and warns of DDoS attacks.
WASHINGTON — CFPB Attorney Angela Martin tells Congress a bureau office, staffed by African Americans, is referred to internally as 'the plantation'.
Democrat members of the House Financial Services Committee say the April 2 hearing belongs in court, not Congress. Republicans disagree.
Lawmakers schedule a hearing and request personnel records in response to claims of CFPB discrimination against employees.
Democrats in the House ask the CFPB's inspector general to investigate allegations of employee discrimination. The NCUA is questioned, too.
New CFPB study says more than 80% of payday loans are rolled over within 14 days. Study also says one in five payday borrowers collect monthly public benefits.
Financial Services chair points out CFPB's promises to be more transparent in call for advisory councils to be open to the public.
CFPB Director Richard Cordray said credit unions should not let anything get in the way of serving their members.
Legal eagles from Kaufman & Canoles offer six legal predictions for 2014.
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