The Pentagon's proposal is more restrictive than NCUA payday loan alternative rules. Credit cards and overdraft financing also affected.
Apple, auto lenders and overdrafts are in the CFPB's crosshairs.
The CFPB is going gangbusters finding new people, places and things to regulate.
The CFPB proposes regulatory authority over auto lenders that make at least 10,000 loans or leases per year.
WASHINGTON — Rep. Mick Mulvaney (R-S.C.) said he disagreed with the CFPB's decision to spend more than $5 million to retroactively raise employee performance ratings from the last two years.
WASHINGTON — NAFCU's advocacy event continues through Friday.
Credit card offers must make clear to consumers that future purchases may be subject to interest charges.
The CFPB answers discrimination allegations by giving all employees top annual review scores and retroactive pay.
The bureau's new OMWI report also says employees question the new pass/fail performance review system.
The bureau will also retroactively give all employees top ratings and spend $5 million on raises for everyone, regardless of performance.