New CFPB rules may erase $49 billion in medical debt from credit reports, boosting credit scores for 15 million Americans if enforcement proceeds.
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
The litigation centers on the CFPB’s final rule issued on March 5, 2024, which amended 12 C.F.R. § 1026.52(b) to reduce the safe harbor for late fees from $30 for the first missed payment and $ ...
A top Consumer Financial Protection Bureau official was ordered to testify in court about the Trump administration’s plans to ...
While the impact of the administration’s efforts can’t be fully appreciated at this time, many are asking: what will happen to the CFPB’s final 1033 rules? The final rules were published ...
A Consumer Financial Protection Bureau rule targeting digital payment platforms run by Apple Inc., Alphabet Inc.'s Google, ...
Republican lawmakers have introduced at least 61 resolutions of regulatory disapproval this year, approaching the 77 they ...
The CFPB's final rule is not arbitrary and capricious and the bureau conducted an appropriate cost-benefit analysis, he found. The report and recommendation comes a week after a three-judge panel of ...
Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit ...
The overdraft rule issued by the CFPB under previous Director Rohit Chopra, capping fees at $5, may be abandoned in the wake ...
A federal judge in Baltimore on Friday rejected the city's effort to temporarily block the Consumer Financial Protection ...
In the last days of the Biden administration, the Consumer Financial Protection Bureau (CFPB) under director Rohit Chopra was busy. From ordering Cash App’s operators to pay $175 million for ...
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