CFPB rule to remove medical bills from credit reports goes into effect March 17, but enforcement uncertain: Legally Speaking
The rule would be enforced by both the CFPB and FTC, but with the fate of the consumer protection bureau uncertain, so is the ...
What Credit Card Protections Could We Lose if the CFPB Closes?
Even if the CFPB survives the Trump administration, it likely will be a much smaller and weaker version than it was before.
Judge denies CFPB funding relief to Baltimore
A federal judge on Friday declined to temporarily block the Trump administration’s bid to strip the Consumer Financial Protection Bureau (CFPB) of its reserve funds, after the city of Baltimore ...
Judge Wants Proof CFPB 'Hasn’t Been Choked Out of Existence' (1)
A top Consumer Financial Protection Bureau official was ordered to testify in court about the Trump administration’s plans to ...
GOP Lawmakers Target EPA, DOE, CFPB Rules Under Congressional Review Act
Republican lawmakers have introduced at least 61 resolutions of regulatory disapproval this year, approaching the 77 they ...
Senate Votes to Repeal Biden-Era CFPB Digital Payments Rule
A Consumer Financial Protection Bureau rule targeting digital payment platforms run by Apple Inc., Alphabet Inc.'s Google, ...
JD Supra12d
Banking and business groups ask district court to vacate CFPB’s Credit Card Late Fees Rule
In their motion, the plaintiffs argued the CFPB exceeded its authority under the CARD Act, TILA, APA and the Constitution by implementing the final rule. Specifically, plaintiffs asserted that ...
American Banker9d
Judge allows consumer groups to defend CFPB overdraft rule
Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit ...
Baltimore bid to halt US CFPB defunding rejected by judge
A federal judge in Baltimore on Friday rejected the city's effort to temporarily block the Consumer Financial Protection ...
Reason23d
How the CFPB's Medical Debt Rule Could Backfire
Despite previous lessons, the CFPB issued the medical debt rule in the final days of the Biden-Harris administration. Instead of heeding Trump's executive order to freeze and review the pending ...
American Banker23d
Judge sides with CFPB in upholding small business rule
The CFPB's final rule is not arbitrary and capricious and the bureau conducted an appropriate cost-benefit analysis, he found. The report and recommendation comes a week after a three-judge panel of ...
AOL29d
What Cuts to the CFPB Could Mean For Consumers
The effective date of the final rule on medical debt has now been postponed from March 7 to June 15. But the CFPB could drop its defense of the case before then. On Feb. 12, a group of nonprofit ...