When a final rule is rescinded under the CRA, the agency is barred from issuing a substantially similar rule in the future. Rounds said the medical debt rule exceeds the CFPB's statutory authority ...

Using the Congressional Review Act, the Senate has voted to nullify a CFPB final rule that would subject large cash apps to the bureau’s supervision.

On March 12, the CFPB and its Acting Director, Russell Vought, filed a status report in the U.S. District Court for the Northern District of Texas ...

New CFPB rules may erase $49 billion in medical debt from credit reports, boosting credit scores for 15 million Americans if enforcement proceeds.

Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit challenging the CFPB's $5 overdraft fee cap for large financial ...

“The final rule’s one-size-fits-all approach fails ... regulator instead of a financial one.” The rule gave the CFPB authority to supervise and examine nonbank technology companies that ...

In December, the CFPB under former Director Rohit Chopra issued the final overdraft rule aimed at closing “a legal loophole” that would help save roughly $5 billion in annual overdraft fees.

Six resolutions have passed at least one house of Congress that would revoke regulations finalized in the final ... rule.” On Wednesday, the Senate passed an RD revoking a rule from the besieged ...

The Consumer Finance Protection Bureau has dropped several enforcement actions against companies like Capital One and Rocket ...

In the final month under the Biden administration ... for forcing its drivers to use its deposit accounts. The CFPB also issued rules to make it easier for consumers to change banks and have ...