Lawyers representing the acting director of the CFPB reached an agreement during a court conference Friday to temporarily hold off on firing CFPB employees en masse.
The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions ...
On January 13, the Consumer Finance Protection Bureau (CFPB) published a new proposed rule attempting to ban certain contractual provisions in "take it or leave it" consumer contracts that purport ...
Since Oct. 1, the CFPB has issued six proposed rules and four final rules, and filed or issued no fewer than 20 lawsuits and enforcement actions, according to Crane. “That’s just a lot of activity in ...
Wise violated the CFPB’s remittance and prepaid card rules, the agency said. At least 16,000 Wise customers were overcharged due ...
Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022, the ...
In 2022, the CFPB said it spotted violations across some of Wells Fargo's consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly ...
An estimated 15 million Americans are saddled with medical debt on their credit reports. The CFPB said it expects the rule will lead to the approval of about 22,000 more affordable mortgages every ...
The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users whose unauthorized transfers weren't investigated and send a $55 million ...
But with CFPB Director Rohit Chopra 's tenure at the agency very likely at its end, and a spate of regulatory rollbacks on the horizon, experts are wondering how the CPFB's appetite for lawsuits will ...
Biden’s CFPB director, Rohit Chopra, has refused to announce a resignation date for his exit, even as some other Biden appointees have taken their leave. Nonetheless, Trump’s administration is ...
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 ...
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