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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

The impact of the Supreme Court’s decision in the above court cases is not limited to the FHFA and CFPB, however. Various administrations have challenged the independence of financial regulators, and ...

It expresses the views and opinions of the author. The CFPB found Equifax ignored consumer documents and evidence submitted with disputes, allowed previously deleted inaccuracies to be reinserted ...

One of the names being floated for the Trump administration’s next director of the Consumer Financial Protection Bureau (CFPB), Melissa Holyoak, a commissioner of the Federal Trade Commission, ...

Among the changes in store once President-elect Donald Trump takes office could be the closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau. There is ...