News

CFPB’s staff say it’s now toothless
The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get ...
Why Are Conservatives Telling Businesses What They Can Charge?
Thought of in terms of the banks and financial institutions that compile consumer data in highly secure fashion, there’s a ...
CFPB Official Questions JPMorgan Fees for Customer Data Access
At least one political appointee at the Consumer Financial Protection Bureau is raising concerns about fees JPMorgan Chase & ...
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Budget bill, SCOTUS give 'clear path' to CFPB firings
Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's ...
The CFPB Was A Mistake—Even Before It Abused Its Power
Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
CFPB Plans to Revise State Notice Rule Instead of Withdrawing It
The Consumer Financial Protection Bureau plans to revise a rule that it had previously withdrawn governing when state attorneys general are required to report coming lawsuits, following industry ...
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Trump's 'big bill' slashes consumer watchdog CFPB's budget nearly in half
New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...
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Senators criticize CFPB for dropping action on troops’ overdraft fees
CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB ...