Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit challenging the CFPB's $5 overdraft fee cap for large financial ...
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 Trump administration is well on its way to abolishing the Consumer Financial Protection Bureau while state officials and ...
When a final rule is rescinded under the CRA, the agency is barred from issuing a substantially similar rule in the future. Rounds said the medical debt rule exceeds the CFPB's statutory authority ...
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 ...
New CFPB rules may erase $49 billion in medical debt from credit reports, boosting credit scores for 15 million Americans if enforcement proceeds.
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 ...
"The CFPB's final rule will close a special carveout that has allowed debt collectors to abuse the credit reporting system to coerce people into paying medical bills they may not even owe." ...
“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 ...
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.