Editorial

FORTUNE: The agency created after the Great Financial Crisis to protect consumers from lending risks can’t define risk

FORTUNE | By Bill Himpler | March 21, 2024 “We have the best economy in the world,” President Joe Biden proclaimed during his State of the Union address. But despite some encouraging economic trends over recent months, the economic challenges facing millions of American families are real, as they’re still paying more for everyday needs,…

Press Release

AFSA Urges Transparent CFPB Rulemaking Process

Trade group calls for regulations that are clear to protect consumers, and certain so businesses can ensure consumers can safely access credit when they need it WASHINGTON, March 6, 2024 /PRNewswire/ — In response to vague, overreaching Consumer Financial Protection Bureau (CFPB) policies that are harming – not helping – consumers, the American Financial Services Association (AFSA) today issued a call…