That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided in both mission and execution that it does not deserve mere reform—it should be abolished outright.

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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 timing of the lawsuit against Zelle, filed just before Christmas, sparked a backlash by banks against CFPB Director Rohit Chopra. The largest bank owners of the peer-to-peer payment network claim ...

The CFPB said that Block used a range of tactics to stop customers from seeking help, forcing them — and their banks — to bear financial losses. For years, Block failed to provide any live customer ...

The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.

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 ...

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Add a new certainty for 2025: A new director of the Consumer Financial Protection Bureau (CFPB). Whoever the new director is (I’m willing to step in and step up, Mr. President), that person ...

Without admitting or denying the findings, Equifax has agreed to pay a $15 million civil monetary penalty that will be deposited into the CFPB's victims relief fund. An Equifax spokesperson said ...

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 ...