Sen. Tim Scott said he has asked the White House to fire director Rohit Chopra, but there are roadblocks to appointing an ...

This rogue agency stifles innovation, drives up costs, and infantilizes consumers—all while operating without accountability.

Key Takeaways In the final days of Joe Biden's administration, the CFPB issued a flurry of new rules and regulations, ...

this changes the entire structure of how overdraft fees are charged. There is a significant regulatory infrastructure built up around consumer lending. The CFPB says banks that want to continue ...

The Consumer Financial Protection Bureau (CFPB) issued guidance on the eve of the transition to a new administration that serves as a roadmap ...

Since 2010, Republicans have argued that the CFPB’s unique structure — an independent agency whose single director the president can fire only for cause, with guaranteed funding through ...

A pair of trade groups representing Facebook parent Meta Platforms Inc., Apple Inc., and Google parent Alphabet Inc. sued to ...

Trump's firings of the Senate-confirmed inspectors general included officials at Defense, State, Transportation, Labor, ...

Background, Purpose, and Structure of the Proposed Rule - On January 13, 2025, the Consumer Financial Protection Bureau (CFPB) published ...

The CFPB was established in 2011 in the aftermath ... an effort by a payday lending trade group to declare the bureau’s structure unconstitutional because it is funded by bank fees instead ...

In October 2022, the Fifth Circuit Court ruled the funding structure unconstitutional, but the U.S. Supreme Court reversed this decision in May 2024. The CFPB isn't just unaccountable—it's ...