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The Trump administration is moving forward with plans to drastically curtail the work of the government’s consumer finance ...
Our podcast show being released today is part 2 of a repurposed interactive webinar that we presented on March 24 featuring two of the ...
An 11-point memo directs the agency’s staff to bring redress directly to affected consumers, “rather than imposing penalties ...
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 ...
And that’s something that directly impacted Reverend Eva Steege, who passed away on March 15. Steege was an 83-year-old retired Lutheran pastor whose doctors told her she had less than six months to ...
One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 ...
The Consumer Financial Protection Bureau issued a rule last year limiting late fees to $8, but on Monday it joined a ...
The CFPB will begin the process of discontinuing regulatory "guidance" and instead enforce the Administrative Procedure Act's rulemaking process. In ...
A federal judge in Texas found that the Consumer Financial Protection Bureau had violated the CARD Act by barring banks from ...
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 nation’s largest banks felt threatened by competing payment apps, so they rushed to put out Zelle,” CFPB Director Rohit Chopra said. “By their failing to put in place proper safeguards, Zelle ...
In a settlement with bank trade groups that sued the Consumer Financial Protection Bureau, the Trump administration has ...
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