The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances, experts said. They may dictate someone's success ...
There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024 There were a total of 298 consumer complaints submitted to the Consumer ...
As the Trump administration prepared to take power in Washington, D.C., the Consumer Financial Protection Bureau (CFPB) wasted no time. In the two months leading up to the inauguration ...
The notices of rescission were published in the Federal Register this week. CFPB Director Rohit Chopra, who may just have days left on the job, said he was using his discretion "to withdraw the ...
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The Dodd-Frank Act gives the CFPB director a five-year term, which ends in October 2026, though he can be removed by the President at any time. Our sources say he’s sought to ingratiate himself ...
“Cash App created the conditions for fraud to proliferate on its popular payment platform,” said CFPB Director Rohit Chopra. “When things went wrong, Cash App flouted its responsibilities ...
Tierney L. Cross / Bloomberg via Getty Images In the final days of Joe Biden's administration, the CFPB issued a flurry of new rules and regulations, including banning medical debt from credit ...
Trump Team Debates Bank Watchdogs as Chopra Remains at CFPB Trump team struggling to pick replacements for CFPB, OCC heads Biden appointees Chopra, Hsu continue to serve in their roles ...
The CFPB is calling on state governments to increase their focus on consumer financial protection laws. “Enforcing consumer protection law has long been a state-federal partnership in which the ...