The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court that it remains committed to meeting its legal obligations. The agency has denied in ...
The Consumer Financial Protection Bureau (CFPB) was launched in 2011 in response to the 2008 banking crisis, which destabilized millions of Americans. This new U.S. government agency’s intent ...
But enforcement of this regulation is up in the air, because of the Trump administration's effective shutdown of the CFPB. If enforced, this new rule is expected to remove around $49 billion in ...
During the waning days of the Biden administration in late December, the CFPB, then led by Rohit Chopra, filed a lawsuit against Zelle operator Early Warning Services as well as Bank of America ...
Representatives for the CFPB, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests for ...
Lauren Feiner is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust ...
March 4 (Reuters) - The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their ...
U.S. District Judge Amy Berman Jackson issued the ruling in Washington, D.C., after the official who has been the CFPB’s chief operating officer since February 2023 said in a court filing Sunday ...
The Trump administration's decision to put the U.S. Consumer Financial Protection Bureau on ice has left a $100 million pot of money intended for borrowers allegedly harmed by the student loan ...
The Massachusetts Senator last week held her own hearing with a former CFPB executive and progressives in which she accused Elon Musk of trying to “eliminate the watchdog” that would oversee ...