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 ...
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 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 & ...
Independent Journal Review15hOpinion
JOHN CZWARTACKI: Abandoning Open Banking Now Would Undermine The Genius Act’s Promise
The bipartisan passage of the GENIUS Act marked a watershed moment for American financial innovation, promising to close ...
Army Times on MSN3d
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 ...
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The Consumer Financial Protection Bureau plans to revise a rule that it had previously withdrawn governing when state attorneys general are required to report coming lawsuits, following industry ...
American Banker4d
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 ...
ConsumerAffairs12d
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 ...
Consumer Financial Protection Bureau
A federal judge has temporarily blocked the Trump administration’s plans to dismantle the Consumer Financial Protection ...