Six million Americans ended up losing their homes. The foreclosure crisis exposed how unfair the U.S. financial system had ...
Banks & fintech firms confront regulatory uncertainty after CFPB shutdown, raising oversight questions on US$18tn consumer ...
As we previously blogged about, Acting Director Scott Bessent circulated a message throughout the CFPB on February 3 directing “…all ...
But bank LOs are exempt from the SAFE Act and also avoid broader CFPB supervision. Exams are another pain point for CHLA’s members. While larger IMBs are subject to more exams than smaller IMBs ...
Nominating McKernan to lead the CFPB suggests that, despite the "delete" rhetoric, the consumer watchdog isn't on its way to ...
In another weekend takeover of a federal agency’s operations, staffers from an efficiency initiative led by billionaire Elon ...
The U.S. Consumer Financial Protection Bureau was defanged over the weekend with all activities suspended, its upcoming ...
The Consumer Financial Protection Bureau is canceling more than $100 million in vendor contracts as part of a cost-cutting ...
Office of Management and Budget Director Russell Vought is quickly seeking to crack down on the activities of the Consumer ...
Headquarters-based staff will work remotely this week after a new acting chief halted agency supervision and enforcement and ...
This spigot, long contributing to CFPB's unaccountability, is now being turned off,” he wrote on X Saturday evening.