Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

Banks and other companies hoping to escape guidance from the Consumer Financial Protection Bureau once President-elect Donald ...

The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding ...

"The CFPB lacked constitutionally appropriated funding when it published the Notice of the Final Rule on January 7, 2025, and will lack such funds when the Final Rule is published in the Federal ...

As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.” So it was a bit like déjà vu when Elon Musk, Trump’s new presidential ...

The actions are widely expected to be rescinded by a new incoming acting CFPB director appointed by President-elect Trump. Both actions — a nonbinding interpretive rule on how existing law applies to ...

which effectively serves as official notice of the rule. So, don’t expect your credit score to improve overnight; it will be several weeks before affected consumers will see the changes. CFPB ...

The top US consumer financial regulator is seeking to strengthen protections for customers against excessive surveillance and fraud in digital payments and currencies. The Consumer Financial ...

On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 per incident, down from an industry average of $32. It is expected to ...

During Donald Trump’s first term, the CFPB’s Office of Innovation allowed companies to apply for no-action letters that served as protective agreements, enabling them to develop specific products ...