Jul 17, 2011 · Elizabeth’s Consumer Financial Protection Bureau is standing up for American consumers and holding Wall Street accountable In 2008, greedy financial institutions crashed our economy and working families all across this country paid the price.

May 16, 2024 · Warren Statement on Supreme Court Upholding CFPB Is Constitutional. Washington, D.C. — Today, United States Senator Elizabeth Warren (D-Mass.) released the following statement regarding the Supreme Court’s 7-2 decision on the Consumer Financial Protection Bureau: “The CFPB is here to stay.

May 17, 2024 · “The Supreme Court followed the law, and the Consumer Financial Protection Bureau is still in the fight against predatory lenders,” Sen. Elizabeth Warren, who first proposed the idea for the agency in 2007, told Morning Edition co-host Jeremy Siegel.

Nov 27, 2024 · Democratic Sen. Elizabeth Warren, a professor at Harvard Law School, originally proposed the agency in 2007. In 2010, President Barack Obama appointed Warren to head the CFPB's steering...

In July 2010, Congress passed the Dodd–Frank Wall Street Reform and Consumer Protection Act, during the 111th United States Congress in response to the late-2000s recession and financial crisis. [3] The agency was originally proposed in 2007 by then Harvard Law School professor Elizabeth Warren, who later became a US senator. [14] The proposed CFPB was actively supported by Americans for ...

Oct 3, 2023 · In September 2023, Senate Banking, Housing, and Urban Affairs Committee, Senator Warren reiterated the importance of the CFPB in protecting consumers from potential harms posed by AI in financial services, including risks such as lenders using A.I. to produce biased home appraisals or banks using A.I.-powered chatbots that may give consumers ...

Sep 28, 2023 · The case could jeopardize the Consumer Financial Protection Bureau’s (CFPB) independent funding structure and its ability to protect millions of consumers from predatory financial practices. Since its founding, the CFPB has forced giant financial companies to return over $17 billion to consumers – service members, veterans, seniors ...

Mar 14, 2014 · The Consumer Financial Protection Bureau (CFPB), the watchdog agency conceived of and established by Sen. Elizabeth Warren (D-Mass.) in the wake of the financial crisis, had a hard time getting...

Feb 27, 2023 · Senator Elizabeth Warren advocated for the Supreme Court to strike down that decision. She warned that endangering the CFPB as a watchdog could throw the economy into "chaos."

Mar 16, 2011 · Thank you Chairman Capito, Ranking Member Maloney, and members of the Subcommittee for inviting me to testify about the work of the Consumer Financial Protection Bureau (CFPB). This is my first opportunity to report to Congress formally about the significant progress we have made in bringing to life the CFPB.