On March 13, the CFPB filed a brief in an Illinois federal court, reinforcing its arguments for a $43 million judgment against the founder of a now-defunct debt relief company. The CFPB contends that ...
The Trump administration is well on its way to abolishing the Consumer Financial Protection Bureau while state officials and ...
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 ...
As a result, the CFPB has been active on many fronts. It supervises and investigates companies, pursues consumer complaints, makes and enforces rules and studies trends and common practices in the ...
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.
The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court ... of its very existence before I get to rule on the merits,” Jackson, an appointee ...
New CFPB rules may erase $49 billion in medical debt from credit reports, boosting credit scores for 15 million Americans if enforcement proceeds.
A Personal Note I’ve reported on the CFPB since its creation. I’ve tracked rules from concept to proposal to final implementation. I’ve watched hearings. I’ve interviewed Richard Cordray ...
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 ...
On Jan. 17, in the final days of the Biden administration ... homes who it knew could not afford to repay them. A rule requiring mortgage lenders to verify that borrowers are able to pay was ...
After the Consumer Financial Protection Bureau finalized the rule in November, Elon Musk called for the agency to be “deleted.” Musk is seeking to turn his social media site X into a digital ...