News

Employees at the nation’s consumer financial watchdog say it’s become toothless under Trump
Once a powerful guardian against wrongdoing by banks and financial services companies, the Consumer Financial Protection ...
A diminished CFPB, Elizabeth Warren’s brainchild, survives latest GOP threat
The Consumer Financial Protection Bureau, the consumer watchdog agency designed by Sen. Elizabeth Warren (D-MA) that has been ...
JD Supra1d
CFPB Settles First Action Under New Leadership: Current State of the CFPB and a Look Ahead
The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) has seen significant changes since President Donald Trump fired former Director ...
Trump Has Undone Biden's War On 'Junk Fees'
Judges and lawmakers have now reversed many of former President Joe Biden's attempts to restrict companies from practices his administration said hurt consumers.
Army Times on MSN5d
Senators criticize CFPB for dropping action on troops' overdraft fees
CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB terminated that mandate this month.
MortgagePoint4d
One Bill, Big Impacts: What the OBBBA Means for Borrowers
Skeptics of the One Big Beautiful Bill Act (OBBBA), which President Trump signed into law on the nation’s 249th birthday, ...
Federal judge reverses rule that would have removed medical debt from credit reports
A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...