Consumer Financial Protection Bureau

Feds@Work: IRS Initiatives Provide Volunteer Tax Return Service to Low-Income Residents

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This is one in a series of profiles on the 2012 Samuel J. Heyman Service to America Medal finalists. The awards, presented by the nonprofit Partnership for Public Service, recognize outstanding federal employees whose important, behind-the-scenes work is advancing the health, safety and well-being of Americans and are among the most prestigious honors given to civil servants. This profile features a finalist for the Citizen Services Medal, Michael A. McBride, Supervisory Financial Analyst at the Internal Revenue Service in Atlanta, Georgia.

Millions of low-and moderate-income residents have their tax returns completed and receive refunds from the Internal Revenue Service (IRS) without paying a fee to third-party tax preparers, thanks to the skills and savvy of Michael A. McBride. Keep reading →

 /  Published June 25, 2012 at 7:00 AM

Consumer Protection Bureau Launches Public Financial Complaint Database

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In a first by a federal financial regulator, the new Consumer Financial Protection Bureau (CFPB) has launched a public database of consumer complaints about credit cards – including the name of the company issuing the card.

“No longer will consumer complaints only be known to the individual complainant, bank, regulator, and those in the public willing to pursue this information through the Freedom of Information Act,” said , CFPB chief of staff and acting assistant director, in an agency blog posted June 19. Keep reading →

 /  Published June 20, 2012 at 12:32 PM

Feds @ Work: OSTP’s Chris Vein Innovates Innovation Itself

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Chris Vein works for two prominent Obama administration officials who are always in the limelight. Consequently Vein doesn’t get a lot of publicity. If you do a search on his name, the “news” results shows very little.

And that’s all fine with Vein, the deputy Chief Technology Officer. He reports to the chief technology officer (the post Aneesh Chopra held before stepping down earlier this month) and also to John Holdren, the senior advisor to the president for Science and Technology. Both have been highly visible – and in Holdren’s case, controversial – appointees.
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This article originally appeared on FedInsider.com
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 /  Published February 21, 2012 at 11:04 AM

Consumer Bureau’s Jobs No. 1, 2 and 3

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The Consumer Financial Protection Bureau’s new director — armed with the bureau’s full powers — has set his top priorities for what to do first.
With President Obama’s recess appointment of former Ohio Attorney General Richard Cordray last week, the six-month-old bureau — created as part of the Dodd-Frank financial reform law — inherited a couple of key new powers.

 /  Published January 17, 2012 at 3:00 PM