A divided federal appeals court is allowing President Donald Trump to downsize the Consumer Financial Protection Bureau at this time, siding with the administration on its plans to reshape government ...
The Consumer Financial Protection Bureau has withdrawn guidance from the Biden administration that had expanded states' rights, allowing individual states to broadly enforce violations of federal ...
“CFPB RIP” was Elon Musk’s tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, President Donald Trump. Rohit Chopra, former director of ...
U.S. Rep. Maxine Waters (D-CA) speaks as Congressional Democrats and CFPB workers hold a rally to protest the closing of the Consumer Financial Protection Bureau and the work-from-home order issued by ...
Recently, the CFPB terminated four consent orders against two banks each after finding the banks fulfilled their obligations. The CFPB also terminated one consent order against a lender. On September ...
The Consumer Financial Protection Bureau’s (CFPB) open banking rules, issued under Section 1033 of the Dodd-Frank Act, have been the subject of ongoing litigation since their finalization late last ...
Last week I participated in the radio show On Point to discuss the legacy of the Consumer Financial Protection Bureau. It turned out to be something a debate with Richard Cordray, the first director ...
WASHINGTON — The Consumer Financial Protection Bureau has given banks and other lenders another year to comply with its small-business data collection rule, marking a significant pause as the agency ...
In a sharp turn, the CFPB says it will revise rather than repeal the Biden-era Section 1033 open banking rule. The move comes as part of a legal fight with Forcht Bank and banking trade groups ...
Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has been winding down enforcement actions against lenders and servicers while opening only two new cases. AI Summary ...
Cara Petersen, who has served as the principal deputy enforcement director at the Consumer Financial Protection Bureau (CFPB) since late 2017, resigned this week with a letter that’s highly critical ...
Settlement mandates compliance reforms and restitution for affected military families The Consumer Financial Protection Bureau (CFPB) has reached a settlement with FirstCash, Inc., and its nineteen ...