News

Republicans have long targeted the Consumer Financial Protection Bureau for elimination. It survives, for now, but has ...
New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...
In this special joint episode of The Consumer Finance Podcast and Payments Pros, Chris Willis, co-leader of Troutman Pepper Locke's Consumer ...
Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's ...
A tax and spending package Trump signed July 4 nearly halves the watchdog's annual funding. Resources may be stretched to police consumer financial laws.
AZ, led lawmakers accusing the bureau of “lip service” over its refocus toward “threats” to service members and veterans, in its “abrupt” reversal on a $95 million penalty against the credit union.
In a win for credit bureaus and debt collectors, medical debt will be allowed to stay on your credit report after all.
CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB ...
The CFPB has long survived existential threats, including a few court cases that challenged its constitutionality. However, the Trump administration's cuts are its biggest test yet, and it’s ...
A judge blocked a CFPB rule to erase medical debt from credit reports, leaving 15 million consumers with bills that could hurt their credit.
A district court judge this week has denied allowing four groups — the American Fintech Council, Financial Data and Technology Association, Financial Health Network and Public Citizen — to file legal ...
The deadlines were extended for the first time in a June 2024 interim final rule following the US Supreme Court’s May 16, 2024, decision on the CFPB’s constitutionality in CFPB v. CFSA.