The nation's top consumer watchdog is getting a major reshaping under President Donald Trump. On Wednesday, Mark Paoletta, the Consumer Financial Protection Bureau's chief legal officer, sent a ...

student loan servicers, and other financial companies that had consumed much of its attention during Joe Biden’s presidency. The plan would mark a major change in direction for the CFPB ...

With a July deadline approaching for compliance with the rule by nonbanks — including fintechs and alternative commercial finance companies — the CFPB chose to deregulate via press release. Late ...

The agency’s future is in doubt amid political and legal threats, raising the question: What happens to student loan borrowers if the CFPB is eliminated or severely weakened? This isn’t a ...

The CFPB recently dropped two more lawsuits it brought under the Chopra administration—one involving a student loan securitization trust and the other regarding a subprime auto finance company.

The Consumer Financial Protection Bureau has been instructed to pull back on protecting consumers from predatory practices from student loan lenders, medical debt collectors and digital payment apps.

The Trump administration has dismissed the federal government's lawsuit against National Collegiate Student Loan Trusts, abandoning a $2.25 million proposed settlement that could have gone to ...

The CFPB accused the trusts of bringing improper debt collection lawsuits against private student loan borrowers, suing consumers for debts the trusts couldn't prove were owed and attempting to ...

It said that the focus of the CFPB will shift from supervision of companies to giving money back to consumers. This memo comes as millions of student-loan borrowers are expected to default this year.

Stream San Diego News for free, 24/7, wherever you are with NBC 7. The Consumer Financial Protection Bureau filed a lawsuit in 2017 against the trusts, which it described as a group of 15 ...