Axios on MSN49m
12 years of CFPB data at risk of disappearing, former top official warns
The former chief technologist at the Consumer Financial Protection Bureau warns that twelve years of critical records could ...
With mass layoffs expected, judge to weigh blocking the dismantling of consumer watchdog CFPB
Union members have asked a judge to block the dismantling of the CFPB consumer protection agency, alleging most of its 1,700 ...
You can still report badly behaving banks to the CFPB
Trump officials halted work at the Consumer Financial Protection Bureau, but the agency's public portal for reporting ...
Trump says he wants to get rid of the CFPB. Dems vow to defend it
Democrats, in their letter, are calling for Musk's DOGE employees, some of whom physically accessed the agency's federal ...
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Schumer: Democrats will use spending bills to curb Musk
Senate Democratic Leader Chuck Schumer (N.Y.) says Democrats will push for language in the spending bills that need to pass ...
What's at stake for consumers as Trump officials target the CFPB
The Trump administration’s efforts to dismantle the Consumer Financial Protection Bureau risk leaving Americans’ nearly $18 ...
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard ...
bankingdive14d
Trump-era CFPB has full plate following Chopra’s flurry of activity
Since Oct. 1, the CFPB has issued six proposed rules and four final rules, and filed or issued no fewer than 20 lawsuits and enforcement actions, according to Crane. “That’s just a lot of activity in ...
CNBC17d
Credit card late fees cost Americans billions a year — now they're capped at $8
On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 per incident, down from an industry average of $32. It is expected to ...
Newsweek17d
Student Loan Borrowers Could Get $2.25 Million: Here's Who's Impacted
Federal student loan borrowers are not eligible. The settlement stems from years of legal wrangling following a 2017 CFPB complaint alleging NCSLT filed lawsuits using false or misleading ...
Morningstar17d
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
In 2022, the CFPB said it spotted violations across some of Wells Fargo's consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly ...