Kate Berry has covered the Consumer Financial Protection Bureau for American Banker since 2016. She joined the publication in 2006 covering mortgage lending and the financial crisis. Berry also has covered big banks including Bank of America, J.P. Morgan Chase and Wells Fargo. She has won five awards from the Society of American Business Writers and Editors, and has worked at several news organizations including the Orange County Register, the Los Angeles Business Journal and the Associated Press. Berry began her career as a clerk at the New York Times.
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CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.
By Kate BerryOctober 16 -
A list of upcoming cases published by the high court did not include a challenge to the bureau's constitutionality, but the justices could still decide to review it at a later date.
By Kate BerryOctober 15 -
The two Democrats waded into a court battle over the president's ability to fire a director of the Consumer Financial Protection Bureau.
By Kate BerryOctober 8 -
The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.
By Kate BerryOctober 7 -
By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.
By Kate BerryOctober 1 -
If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.
By Kate BerrySeptember 23 -
There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.
By Kate BerrySeptember 18 -
The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure.
By Kate BerrySeptember 17 -
The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.
By Kate BerrySeptember 12 -
The bureau issued three policies removing the threat of legal liability for approved companies that test new products.
By Kate BerrySeptember 10