Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by ...

For more information about how the CFPB works and why it matters to everyday consumers’ financial lives, check out this video interview with Richard Cordray, former director of the CFPB and ...

“RIP CFPB,” Musk posted on X last week, with a tombstone emoji. Hours later, the Department of Government Efficiency (DOGE), which is led by Musk, deleted the CFPB’s X account and was ...

Eliminating legitimate lenders ... bounced check or nonsufficient funds (NSF) fees, credit card late fees, and maintenance fees. For instance, the CFPB has proposed capping credit card late ...

In the waning months of the Biden administration, the Consumer Financial Protection Bureau, or CFPB, released a flurry of new consumer protection rules, targeting everything from bank overdraft ...

In a significant shift in regulatory approach, the Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against three of the largest U.S. banks—JPMorgan Chase, Bank of America ...

The CFPB "dismisses this action against Defendants ... A JPMorgan spokeswoman said that while "banks play a crucial role in scam prevention and consumer education.... this is a national security ...

The CFPB's lawsuit said not all of those were legitimate, and customers of JPMorgan, Bank of America and Wells Fargo who use Zelle lost a collective $870 million on the platform over the last ...

In the federal civil complaint, the CFPB asserted that the banks rushed to get the peer-to-peer payments platform to market without effective safeguards against fraud and then, after consumers ...