Skip to main content

CFPB Prepares to Open Atlanta Office

Phil Hall
Sep 21, 2018
The Consumer Financial Protection Bureau (CFPB) is planning to open a satellite office in Atlanta

The Consumer Financial Protection Bureau (CFPB) is planning to open a satellite office in Atlanta.
 
According to a report in The Hill, the office would be based in a building owned by the U.S. General Services Administration and staffed with agency examiners assigned to financial institutions in the southeastern states. The CFPB operates regional offices in New York, Chicago and San Francisco; an Atlanta office was considered during Richard Cordray’s directorship, but was rejected as being too expensive.
 
The CFPB did not announce the plans, which The Hill reported based on “a senior agency official familiar with the plans,” although the agency later confirmed the reporting. "The city selection process led to Atlanta as the city that best enables the Bureau to fulfill its statutory mission and enhance its collaboration with its regulatory partners, while being as efficient as possible," the agency said in a statement to The Hill.

 
Published
Sep 21, 2018
'A Long Road To Normal'

Nominated again to lead The Fed, Powell tells Senate committee to expect three rate hikes, but 'if we have to raise interest rates more over time, we will.'

Regulation and Compliance
Jan 11, 2022
CFPB: Complaint Response Worsens At Big 3 Credit Bureaus

Report claims Equifax, Experian, and TransUnion routinely failed to fully respond to consumers with errors.

Regulation and Compliance
Jan 10, 2022
The Fed Names Chairs, Deputy Chairs For 12 Reserve Banks

In recent years, the Federal Reserve System has worked to increase the overall diversity of the Reserve Bank and branch boards of directors and continues to build on those efforts.

Regulation and Compliance
Jan 06, 2022
The Fed: Rate Hike Likely Coming in June

Federal Open Market Committee's December minutes reveal discussion of first hike in federal funds rate in 2Q of 2022, as well as of ending asset purchases by March.

Regulation and Compliance
Jan 05, 2022
AARMR No Protection For Savanah Scares

Conference provides opportunity for regulators to interact, discuss common topics

Regulation and Compliance
Jan 04, 2022
McCargo Sworn In As Ginnie Mae President

Former HUD official becomes the first female to lead the Government National Mortgage Association.

Regulation and Compliance
Jan 04, 2022