VA trademarks ‘GI Bill’ to shield vets from deceptive marketing
An important step to ensure that servicemembers and veterans are not seen simply as "dollar signs in uniform." We continue to work with federal and state...
Blog
Buyer beware – Potentially deceptive mortgage ads are targeting veterans and older Americans
Today, along with the Federal Trade Commission (FTC), our Office of Enforcement sent letters to a number of lenders concerning potential violations of the...
Honoring those who have worn the uniform, working for military families
November 11th, Veterans Day, is a day for our nation to thank all those who have worn the uniform of our country. They answered the call to serve, and we...
The next front? Student loan servicing and the cost to our men and women in uniform
Today, I joined the Secretary of Defense at the Pentagon to announce a report about the servicing obstacles that servicemembers face in paying off student...
Working together to empower consumers
In my first blog post I wrote that part of our work in the Office of Financial Empowerment is connecting with people and organizations around the country...
Help for Military Homeowners
The No. 1 topic they've raised with me is the decline in home values and the frightening prospect that – if their home is underwater – a Permanent Change of...
Honoring service with service
Each May as we celebrate Memorial Day, our nation takes a moment to remember all of the brave men and women who died in service to our country. Memorial Day...
New HAMP enhancements will help military homeowners
This post also appears on the Department of the Treasury blog. Our military families make many sacrifices for our nation, and not just when a servicemember...
Accountability in military education
On April 27th, the President signs an executive order instructing several departments to take steps to ensure that servicemembers, veterans and their...
Something Good in Memphis
Last week, I had the good fortune to spend two full days in Memphis, Tennessee, with my friend and colleague, Holly Petraeus, who heads the CFPB's Office of...
Making new partners at our first VSO-MSO town hall
One of the biggest challenges of working at a new organization is getting the word out about what you do and how your product or service makes a difference...
A new tool for protecting the military community
Today, we proudly announced a joint effort with state Attorneys General and the Department of Defense to combat scams directed at servicemembers, veterans...
Financial Fitness Forum
This week, the Office of Servicemember Affairs held a special event: a Financial Fitness Forum. We invited representatives from the military, government...
Live: Holly Petraeus kicks off our Financial Fitness Forum
Today, our Office of Servicemember Affairs is hosting a Financial Fitness Forum in Washington, DC. We've streamed the morning's events, including...
Honoring veterans
November 11th is Veterans Day. This week the CFPB took a moment to recognize and honor the veterans in our ranks: 87 of them! We showed photos of them while...
Protecting military members from predatory lending
As a lifetime military family member, I've seen first-hand the devastating impact financial scams and predatory lending can have on our military families. I...
Help for struggling military homeowners
Military families throughout the country are not immune to the ongoing housing crisis.
Seeing servicemembers as “dollar signs in uniform”
This morning, The New York Times published an op-ed by Holly Petraeus, our Assistant Director for Servicemember Affairs. She describes how for-profit...
On Our Way
Last time, we talked about the mission of the Office of Servicemember Affairs. Now I'd like to tell you a little about the work the Office of Servicemember...
Military advocates on duty
On July 21st, our mission officially began. We're ready to carry out our orders – to protect military consumers and their families from illegal financial...
The CFPB and JAGs: partnering to protect servicemembers
The Bureau and the Judge Advocate Generals of the United States Army, Marine Corps, Navy, Air Force, and Coast Guard yesterday announced an agreement on a...
Remembering
Monday is Memorial Day. For many Americans, that means a three-day weekend, the start of the summer season, and a chance to hit the sales. When asked "What...
Consumer Scams
Since this is National Consumer Protection Week, it seems appropriate to give you a few tips about how to protect yourself from scams. Here are a few things...
Holly Petraeus Testifies Before the House Veterans Affairs Committee
Today, Holly Petraeus testified before the House Committee on Veterans Affairs. She spoke about the unique role of the Office of Servicemember Affairs in...