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The CFPB was congressionally approved with the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010. The law was a response to the 2008 mortgage crisis.
The CFPB was established by the 2010 Dodd-Frank Act, ... The “Appeal to Heaven” flag, a popular symbol for Christian nationalists that was waved by January 6 rioters, ...
In the complaint, the CFPB alleges the two were joking about a “symbol of racial animus” or “implying that the Townstone Financial Show’s hosts and listeners might display such symbols in their homes ...
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.
The Consumer Financial Protection Bureau (CFPB) moved to make sweeping job cuts as the Trump administration looks refocus the agency's regulatory objectives with a smaller workforce.
David Krebs, principal broker at DAK Mortgage, expects the CFPB’s staff cuts and narrowed focus will “likely mean less day-to-day regulatory pressure for lenders and brokers.” ...
Thousands of consumer complaints unanswered after Trump CFPB purge, Dems say Since its founding, the CFPB has returned more than $21 billion to consumers who were victims of fraud or scams.
The dismissals occurred while Trump’s nominee to head the CFPB, Jonathan McKernan, was on Capitol Hill testifying before the Senate in a confirmation hearing.
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 ...
The CFPB will contact the financial services company and work to get you a response: 97% of consumers receive a timely response; most companies respond within 15 days ...
Capital One. In January, the CFPB sued Capital One for misleading customers about its savings accounts, which the agency alleges led to $2 billion in missed interest payments.