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NerdWallet on MSNThe CFPB Is Still Standing … Barely. But Is It Doing Anything?Republicans have long targeted the Consumer Financial Protection Bureau for elimination. It survives, for now, but has ...
The consumer protection agency told a Kentucky court it wants to re-examine the issues around the way bank customer data is ...
The US Consumer Financial Protection Bureau is having second thoughts about asking a federal judge to eliminate a Biden-era ...
The compensation relates to allegations of predatory practices by lenders, student loan servicers, money transfer businesses and others.
National associations argue that existing state regulation offers strong consumer protections without federal overlap ...
The investigation reveals that over $120 million in redress has already been clawed back from victims and returned to the same corporations found to have broken the law. Additionally, hundreds of ...
The Consumer Financial Protection Bureau said it will fast-track a new rule governing access to consumer financial data, weeks after JPMorgan unveiled new data-access fees that threw the fintech ...
According to the CFPB website, an estimated 205 million consumers or consumer accounts were eligible for relief thanks to the agency's supervisory and enforcement work.
If the CFPB goes away, you’ll need to look out for yourself. Know your bank’s rules, keep tabs on your savings rate, avoid overdraft fees and build your own consumer protection team.
In declarations to federal court, CFPB employees describe a hasty process to eliminate most of the agency's staff. "[A]ll that matters is the numbers," one employee said they were told by leaders.
On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy now, pay later transactions, in accordance with a Biden-era rule that ...
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