Virginia Poverty Law Center (VPLC) has joined a lawsuit against Acting Director Russell Vought to challenge the unlawful dismantling of the Consumer Financial Protection Bureau (CFPB). The lawsuit, filed February 13, 2025, also includes the National Treasury Employees Union, National Consumer Law Center, NAACP, and the CFPB Employee Association. The next day (2.14.2025), at the […]
CFPB imposes $8 million penalty on a company sued by VPLC last yearThe Consumer Financial Protection Bureau (CFPB) took action this week against nationwide subprime credit reporting agency Clarity Services, Inc for violations of the Fair Credit Reporting Act (FCRA). The FCRA violations were exposed by our lawsuit filed against Clarity last year. The bulk of the work on the lawsuit was done by our co-counsel Kelly […]
Dodd-Frank is only 5 years old—why are the big banks trying to kill it?What is Dodd-Frank? It is the financial reform law that passed Congress 5 years ago. What are the big banks trying to kill it? Maybe it is because the Consumer Financial Protection Bureau has forced them and other financial institutions to return $10 Billion unfairly and deceptively taken from consumers. Maybe it is because they […]