With Attack on Consumer Bureau, Musk Removes Obstacle to His ‘X Money’ Vision
Former officials at the Consumer Financial Protection Bureau said Elon Musk’s payment-business aspirations were driving his efforts to hobble the agency.
Trump Advisers Eye Bank Regulator Consolidation After Targeting CFPB
Pathways under discussion would attempt to merge the FDIC, OCC without input from Congress.
American Banker18h
Powell: CFPB shutdown creates consumer oversight gaps
In his semiannual testimony before the Senate Banking Committee Tuesday, Federal Reserve Chair Jerome Powell said the effective shuttering of the Consumer Financial Protection Bureau leaves no federal ...
CNET18h
Is the CFPB Being Eliminated? What Could That Mean for You?
"If the FDIC is dismantled, all money in our banks would be at risk," Steele said. However, experts point out that for now, ...
American Banker19h
CFPB shutdown raises questions for consumer oversight
A stop-work order from the Consumer Financial Protection Bureau's newly appointed acting director Russell Vought has created uncertainty about the future of consumer-oriented enforcement activity.
Morningstar15d
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
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 ...
CNBC15d
Credit card late fees cost Americans billions a year — now they're capped at $8
On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 per incident, down from an industry average of $32. It is expected to ...
Investopedia17d
How to Submit a Complaint to the CFPB
In July 2011, the Consumer Financial Protection Bureau (CFPB), officially entered service as a federal agency to investigate complaints about credit cards. Since then, it has expanded to ...
CoinTelegraph21d
Solana price rallies to $272, but what will it take for SOL to hit new highs?
Solana’s native token SOL (SOL) rose 7% on Jan. 22, despite failing to reclaim the $260 support level. More importantly, SOL has climbed 34% year-to-date in 2025, while the broader altcoin ...
AOL22d
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
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 ...
bankingdive22d
CFPB to consider broader ban on declined payment fees
President Donald Trump’s team has suggested it will be less restrictive in its approach to regulation. Biden’s CFPB director, Rohit Chopra, has refused to announce a resignation date for his exit, ...
CUInsight22d
CFPB ruling makes way for open banking
On Oct. 22, the Consumer Financial Protection Bureau (CFPB) shared its Personal Financial Data Rights final rule. The rule is a result of Section 1033 of the Dodd-Frank Wall Street Reform ...