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News & Press: Agency News

Consumer Financial Protection Bureau - Nov. Update

Tuesday, November 29, 2011  
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Welcome to the first edition of the CFPB Update!

This newsletter is designed to keep the CFPB in regular communication with external stakeholders – financial service providers, consumer advocates, government officials, and other leaders in the field of consumer financial protection. Whether we've asked for input on a project, issued guidance to industry, or testified on Capitol Hill, you'll see our most important news in the CFPB Update.

CFPB announces Early Warning Notice Process

Earlier this month the CFPB outlined plans to provide advance notice of potential enforcement actions to individuals and firms under investigation. The Early Warning Notice process allows the subject of an investigation to respond to any potential enforcement actions before the Bureau ultimately decides whether to begin legal action. Read the notice...

November CFPB testimony on the Hill

Special Advisor to the Treasury Secretary Raj Date testified on the CFPB's first 100 days, Holly Petraeus of the CFPB's Office of Servicemember Affairs testified on consumer financial issues facing military families, and Skip Humphrey of the CFPB's Office for Older Americans testified on consumer financial issues facing older Americans.

Chime in on private student loans

Student loans continue to be a focus at the CFPB. We released our Student Debt Repayment Assistant to help borrowers understand their options when repaying their loans. We launched Know Before You Owe: student loans with the Department of Education to get feedback on a draft Financial Aid Shopping Sheet. And we recently announced that we are seeking information from students, schools, industry, and other stakeholders on the private student loan market. Read more...

The Office of Servicemember Affairs

The Office of Servicemember Affairs is here to ensure that military personnel and their families have a voice at the CFPB.

A note from Holly Petraeus, Assistant Director for Servicemember Affairs
Resources for servicemembers, veterans, and their families

The Office for Older Americans

Older Americans face many financial challenges. The CFPB's Office for Older Americans is here to give seniors information and tools to navigate those challenges safely.

Resources for older Americans
From the CFPB blog about our work for older Americans

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