The rule would be enforced by both the CFPB and FTC, but with the fate of the consumer protection bureau uncertain, so is the ...
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
A top Consumer Financial Protection Bureau official was ordered to testify in court about the Trump administration’s plans to ...
“The CFPB’s final rule will close a special carveout that has allowed debt collectors to abuse the credit reporting system to coerce people into paying medical bills they may not even owe.
Republican lawmakers have introduced at least 61 resolutions of regulatory disapproval this year, approaching the 77 they ...
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 ...
Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit ...
Republican lawmakers have introduced resolutions to nullify the Consumer Financial Protection Bureau (CFPB)’s overdraft rule, ...
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 ...
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 ...
As recently as early January the CFPB was at it again, issuing a final rule that it says will remove $49 billion in medical bills from the credit reports of around 15 million Americans.
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 ...