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      <title>Consumer Finance Law Blog</title>
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      <copyright>Copyright 2012</copyright>
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      <pubDate>Mon, 23 Jan 2012 16:13:40 -0500</pubDate>
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         <title>CFPB Requires Money Transfer Providers to Disclose Fees to Consumers</title>
         <description>On January 20, the Consumer Financial Protection Bureau (CFPB) adopted a final rule regarding the disclosures that US consumers must receive when they transfer money to foreign countries. The rule generally requires that before a consumer makes an international transfer, companies offering remittance services in the regular course of business</description>
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         <pubDate>Mon, 23 Jan 2012 16:09:50 -0500</pubDate>
         <author>listrail@kelleydrye.com (Lee Istrail)</author>
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         <title>Cordray Gets Recess Appointment to Head CFPB</title>
         <description><![CDATA[President Obama has made a recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau (&quot;CFPB&quot;). The President had nominated Cordray as the Director in July, but Senate Republicans blocked Cordray's confirmation last month. Yesterday's recess appointment circumventing Senate approval has already triggered criticism from Republicans, who have]]></description>
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         <pubDate>Thu, 05 Jan 2012 10:41:01 -0500</pubDate>
         <author>cgrymes@kelleydrye.com (Christie L. Grymes)</author>
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         <title>CFPB Issues Three Interim Final Rules on Consumer Financial Protection Laws</title>
         <description><![CDATA[The Consumer Financial Protection Bureau (CFPB) continues to flex its regulatory muscles under the Dodd-Frank Act. Last week the CFPB divested the Federal Trade Commission of its rulemaking authority from various consumer protection laws, as discussed here. Today, the CFPB issued three additional interim final rules transferring &ldquo;consumer financial protection]]></description>
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         <pubDate>Mon, 19 Dec 2011 14:24:39 -0500</pubDate>
         <author>sschiavetti@kelleydrye.com (Sharon Kim Schiavetti)</author>
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         <title>CFPB Issues Three Interim Final Rules on Consumer Protection Laws</title>
         <description><![CDATA[On December 16, 2011, the Consumer Financial Protection Bureau (CFPB) issued three interim final rules modifying three separate consumer protection laws. This is the first of likely many waves of regulation in the exercise of the agency&rsquo;s rulemaking authority granted at its inception on July 21, 2011, under the Dodd-Frank]]></description>
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         <pubDate>Fri, 16 Dec 2011 15:16:14 -0500</pubDate>
         <author>sschiavetti@kelleydrye.com (Sharon Kim Schiavetti)</author>
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         <title>Republicans Block Cordray Nomination for CFPB Director</title>
         <description>Yesterday, 45 Republican senators blocked a confirmation vote for former Ohio Attorney General Richard Cordray to be the first director of the Consumer Financial Protection Bureau (CFPB). Raj Date replaced Elizabeth Warren as interim director on August 1, 2011, the same week that Mr. Cordray&apos;s nomination was announced. As anticipated,</description>
         <link>http://www.consumerfinancelawblog.com/2011/12/articles/consumer-financial-protection/republicans-block-cordray-nomination-for-cfpb-director/</link>
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         <pubDate>Fri, 09 Dec 2011 09:57:09 -0500</pubDate>
         <author>cgrymes@kelleydrye.com (Christie L. Grymes)</author>
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         <title>The CFPB Proposes Public Disclosure of Certain Credit Card Complaint Data</title>
         <description>On December 7, 2011, the Consumer Financial Protection Bureau (CFPB) issued a proposed policy statement addressing the public disclosure of certain credit card complaint data. Since its launch in July, 2011, the CFPB has assumed the role of moderator between credit card consumers and their issuing banks. Consumers file complaints</description>
         <link>http://www.consumerfinancelawblog.com/2011/12/articles/consumer-financial-protection/the-cfpb-proposes-public-disclosure-of-certain-credit-card-complaint-data/</link>
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         <pubDate>Thu, 08 Dec 2011 14:42:59 -0500</pubDate>
         <author>sschiavetti@kelleydrye.com (Sharon Kim Schiavetti)</author>
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         <title>FTC Releases Final Statement of Policy Regarding Communications in Connection with the Collection of Decedents&apos; Debts</title>
         <description><![CDATA[The FTC&rsquo;s final Statement of Policy Regarding Communications in Connection with the Collection of Decedents&rsquo; Debts was published on July 27, 2011 in the Federal Register. The policy statement clarifies that the agency will not take enforcement action under the Fair Debt Collection Practices Act (FDCPA) or the FTC Act]]></description>
         <link>http://www.consumerfinancelawblog.com/2011/07/articles/fair-dept-collection-practices/ftc-releases-final-statement-of-policy-regarding-communications-in-connection-with-the-collection-of-decedents-debts/</link>
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         <pubDate>Thu, 28 Jul 2011 10:35:04 -0500</pubDate>
         <author>khird@kelleydrye.com (Kristin A. McPartland)</author>
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         <title>Raj Date to Fill Elizabeth Warren&apos;s Spot at Consumer Financial Protection Bureau</title>
         <description><![CDATA[ Starting August 1, Raj Date will replace Elizabeth Warren to run the day-to-day operations at the Consumer Financial Protection Bureau (&quot;CFPB&quot;) until a director is appointed. Mr. Date currently serves as a top deputy to Ms. Warren as the Associate Director of Research, Markets, and Regulations, focusing on credit]]></description>
         <link>http://www.consumerfinancelawblog.com/2011/07/articles/consumer-financial-protection/raj-date-to-fill-elizabeth-warrens-spot-at-consumer-financial-protection-bureau/</link>
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         <pubDate>Wed, 27 Jul 2011 13:37:51 -0500</pubDate>
         <author>cgrymes@kelleydrye.com (Christie L. Grymes)</author>
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         <title>CFPB Releases &quot;Progress Report&quot;</title>
         <description><![CDATA[The CFPB released a &ldquo;progress report&rdquo; on Monday tracking its achievements over the past year and goals for the immediate future, all part of the lead-up to the transfer of its authority from other agencies on July 21. The full report is available here. Describing itself as a &ldquo;21st century]]></description>
         <link>http://www.consumerfinancelawblog.com/2011/07/articles/consumer-financial-protection/cfpb-releases-progress-report/</link>
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         <pubDate>Wed, 20 Jul 2011 13:17:11 -0500</pubDate>
         <author>khird@kelleydrye.com (Kristin A. McPartland)</author>
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         <title>President Obama Announces Plan to Nominate Former Ohio AG to Lead Consumer Financial Protection Bureau</title>
         <description><![CDATA[After much speculation concerning who would be nominated to head the Consumer Financial Protection Bureau (CFPB), President Obama announced plans to nominate former Ohio Attorney General Richard Cordray for the post at a White House event tomorrow. Mr. Cordray, who is now the CFPB&rsquo;s top enforcement official, previously clerked for]]></description>
         <link>http://www.consumerfinancelawblog.com/2011/07/articles/consumer-financial-protection/president-obama-announces-plan-to-nominate-former-ohio-ag-to-lead-consumer-financial-protection-bureau/</link>
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         <pubDate>Mon, 18 Jul 2011 14:11:50 -0500</pubDate>
         <author>listrail@kelleydrye.com (Lee Istrail)</author>
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