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Roughly 1,500 employees — or almost 90% of the agency's staff — will be cut from the CFPB, leaving around 200 people, ...
Acting Consumer Financial Protection Bureau Director Russell Vought ordered the review and of past guidance and directed all ...
An 11-point memo directs the agency’s staff to bring redress directly to affected consumers, “rather than imposing penalties ...
The Trump administration is moving forward with plans to drastically curtail the work of the government’s consumer finance ...
The Consumer Financial Protection Bureau had accused the Dallas bank of "deliberately disconnecting 24 million customer ...
The bureau dismissed the case without prejudice – meaning it could refile the lawsuit – setting it apart from other recent ...
The CFPB drops its lawsuit against Comerica Bank over alleged mishandling of government benefits on prepaid debit cards.
The CFPB will begin the process of discontinuing regulatory "guidance" and instead enforce the Administrative Procedure Act's rulemaking process. In ...
The transition from the Biden administration to the second Trump administration has been nothing short of unprecedented. As ...
The bureau’s acting director said the Biden administration used guidance as a substitute for formal regulation and gave eight CFPB offices two weeks to save any previous guidance they deem necessary.
The Consumer Financial Protection Bureau plans to narrow the scope of a Biden-era public registry for nonbank companies found ...
According to the CFPB, the average credit card late fee is $32, and Americans pay $14 billion to banks every year to cover such fees. Biden’s CFPB director, Rohit Chopra, said the banks “harvest ...
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