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Former Regulator Offers Extensive and Scathing Details of Life Inside the CFPB

The National Review has just published another article written by attorney and former regulator Ronald L. Rubin. In this latest article, which is really more of a novel, Rubin offers a scathing and wide-ranging insider's view of how Elizabeth Warren and her team crafted the agency in a way that would insulate it from meaningful Republican oversight for many years... 

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New Audit Shows Where CFPB Civil Penalty Funds Are Going

Since its inception, the Consumer Financial Protection Bureau (CFPB) has regularly issued enforcement actions in the form of Consent Orders intended to set industry-wide precedents; many of these orders include a penalty to be paid by the company. These penalties are deposited into the Bureau’s Civil Penalty Fund (Fund), which was established as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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