The Consumer Financial Protection Bureau (CFPB) has been contemplating data, algorithms, and machine learning for years. In 2017, as part of a field hearing on alternative data, the CFPB issued a request for information in...more
6/6/2022
/ Adverse Action ,
Algorithms ,
Artificial Intelligence ,
Consumer Advisory Board ,
Consumer Financial Protection Bureau (CFPB) ,
ECOA ,
Fair Lending ,
Financial Services Industry ,
Machine Learning ,
No-Action Letters ,
Popular ,
Redlining ,
Religious Discrimination ,
UDAAP ,
Whistleblowers
Things are quickly changing at the Consumer Financial Protection Bureau. President Joe Biden made Dave Uejio acting director of the CFPB on January 20, and nominated former FTC Commissioner Rohit Chopra for...more
4/28/2021
/ Congressional Review Act ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
ECOA ,
Equal Opportunities ,
Fair Lending ,
Gender Identity ,
Installment Agreements ,
Joe Biden ,
Lenders ,
Sexual Orientation ,
Unfair or Deceptive Trade Practices
As expected, the change in presidential administrations is leading to a change in administrative policies. All consumer financial service providers who are subject to the jurisdiction of the Consumer Financial Protection...more