CFPB
Proper noun
Meaning
CFPB
(US) Initialism of Consumer Financial Protection Bureau.
Examples
All Americans who have credit cards, home mortgages or investments with major U.S. financial institutions have a stake in the CFPB and its regulation of Wall Street.
According to the most recent statistics from the Consumer Financial Protection Bureau (CFPB), federal student loan debt alone is hovering at just over $1 trillion.
After an investigation, the CFPB found that TCF mishandled overdraft fees and misled its banking customers and had been pretty brazen about it to boot.
Contrary to Warren’s statement, this ruling does not uphold the CFPB as constitutional in its entirety — indeed, it is virtually certain her pet agency will face another legal challenge.
According to the Consumer Financial Protection Bureau (CFPB), the number of student loan debtors age 60 and above quadrupled from 2005 to 2015 and the average outstanding balance almost doubled to $23,500.
Kraninger said the CFPB is working hand-in-hand with other federal and state regulators to protect consumers during this national emergency.