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 ...
The CFPB is facing pushback from the U.S. Senate over two final rules issued under the Biden administration: one expanding oversight of ...
Policymakers need to stop pretending that ever-expanding mortgage leverage is the solution.
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 ...
Republican lawmakers have introduced at least 61 resolutions of regulatory disapproval this year, approaching the 77 they ...
The overdraft rule issued by the CFPB under previous Director Rohit Chopra, capping fees at $5, may be abandoned in the wake ...
A Consumer Financial Protection Bureau rule targeting digital payment platforms run by Apple Inc., Alphabet Inc.'s Google, ...
Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit ...
“The final rule’s one-size-fits-all approach fails ... regulator instead of a financial one.” The rule gave the CFPB authority to supervise and examine nonbank technology companies that ...
For example, when the agency on Feb. 27 quit its case against Capital One in U.S. District Court for the Eastern District of Virginia, CFPB lawyers merely invoked Federal Rule of Civil Procedure ...
In December, the CFPB under former Director Rohit Chopra issued the final overdraft rule aimed at closing “a legal loophole” that would help save roughly $5 billion in annual overdraft fees.
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