CFPB drops lawsuit against Bank of America, JPMorgan Chase and Wells Fargo over Zelle fraud
The Consumer Financial Protection Bureau dropped its lawsuit against the company that runs the Zelle payment platform and ...
CFPB workers are reinstated after a court order, but many still can’t work
Probationary employees (a class of government workers who are newer to an agency or role) received letters over the weekend ...
Banking Dive8h
Dive Deposits: If you’re looking for the old CFPB, it moved north
CFPB enforcement official. Meanwhile, the bureau’s former director, Rohit Chopra, contributed to the state’s announcement of ...
With the CFPB weakened, could risky lending make a comeback?
The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 ...
ConsumerAffairs21h
Signs of life returning at CFPB, the consumer watchdog agency targeted by Trump
Like a fighter who appeared to be down for the count, the embattled Consumer Financial Protection Bureau is showing signs of ...
Whistleblower testifies in court that plan to abolish CFPB is still on, countering administration’s narrative
An employee tasked with implementing the firings of hundreds of staffers at the Consumer Financial Protection Bureau ...
JD Supra7h
CFPB Drops Two More Major Lawsuits
The CFPB has recently dismissed two more enforcement actions—one against a major credit reporting agency and another against a lease-to-own ...
CFPB Brings Back Probationary Employees After Judge's Ruling
The Consumer Financial Protection Bureau reinstated all probationary and most term employees it had terminated, after a ...
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency ...
JD Supra5h
CFPB granted stay in case against credit care late fee rule
On March 12, the CFPB and its Acting Director, Russell Vought, filed a status report in the U.S. District Court for the Northern District of Texas ...
HousingWire8h
Mortgage lenders emerge as CFPB defenders, with caveats
The pause and reversal publishing a key mortgage rate is seen as a roadblock against recent moves to scale back or close the CFPB.
What Credit Card Protections Could We Lose if the CFPB Closes?
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...