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Consumer Financial Protection Bureau

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Mar 29

Watch 3:07
Inside the new federal pay day loan rules

By PBS News Hour

This week, the federal Consumer Financial Protection Bureau took new steps to protect the working poor from people critics describe as predatory lenders, those who make what are known as pay day loans. Chico Harlan of the Washington Post joins…

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Feb 01

Federal regulators plan payday loan rules to protect borrowers

By Hope Yen, Associated Press

Troubled by consumer complaints and loopholes in state laws, federal regulators are putting together the first-ever rules on payday loans aimed at helping cash-strapped borrowers avoid falling into a cycle of high-rate debt.

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Jan 13

Supreme Court reviews president’s recess appointment power

By Mark Sherman, Associated Press

Under a provision of the Constitution known as the recess appointments clause, the president may make temporary appointments to positions that otherwise require confirmation by the Senate, but only when the Senate is in recess. Now, President Barack Obama and…

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