The CFPB dropped a series of lawsuits at the end of February as the Trump administration continues to muzzle the federal ...
Trump's decision to stop work at the agency appears to have halted compensation, according to the Student Borrower Protection Center in Washington.
U.S. consumers are at greater risk of being exploited by tech giants and financial firms after President Donald Trump fired a team of technologists from the Consumer Financial Protection Bureau (CFPB) ...
The article below was originally published Feb. 20, after newly installed CFPB leaders halted the agency’s work. The latest updates on changes to the CFPB under the Trump administration can be ...
“The predicate to running a ‘more streamlined and efficient bureau’ is that there will continue to be a CFPB,” consumer bureau Acting Director Russ Vought said in a motion filed late ...
On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 per incident, down from an industry average of $32. It is expected to ...
Elizabeth Warren, D-Mass. The CFPB's Consumer Complaint Program ‒ established in the 2010 Dodd-Frank Act that created the agency ‒ serves as a clearinghouse for consumers to submit complaints ...
One agency the president wants to expunge is the Consumer Financial Protection Bureau, the CFPB – created to shield Americans from financial fraud and shady lending practices. A DOGE team was ...
Just last month, the CFPB had accused Capital One of failing to pay more than $2 billion in interest to customers by misleading them into thinking they would be getting higher rates. Capital One ...
The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...
In voluntary dismissals filed on Thursday, the CFPB dropped lawsuits it had brought against Capital One, Rocket Homes, Vanderbilt Mortgage and Finance, owned by Warren Buffett’s Berkshire ...