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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.
Sen. Gallego and 29 Senators seek explanation from CFPB on its reversal to include medical debt in credit reports.
CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB terminated that mandate this month.
Republican Senators Challenge Biden Administration’s Directive on Loans ... The DOJ and CFPB's guideline tells lenders that using a borrower's immigration status to approve or deny loans ...
On March 5, the U.S. Senate voted to repeal the CFPB’s nonbank digital payment supervision rule, which expands the agency’s supervisory authority over large nonbank payment providers.
Responding to a question from Sen. Chris Van Hollen, D.-Md., about what Musk could do with CFPB data, Lorelei Salas, the former CFPB supervision director, said the regulator kept "very sensitive ...
On April 28, Sen. Elizabeth Warren (D-MA), one of 40 democratic senators, sent a letter to CFPB Acting Director, Russell Vought, expressing their concerns about Vought’s attempt to terminate ...
More than 30 senators are asking the Consumer Financial Protection Bureau (CFPB) for details about their investigation into last year’s massive Equifax data breach following reports the agency ...
However, conservatives argued that allowing CFPB to get as much as $600 million a year from the Fed rendered the agency unconstitutionally unaccountable to Americans’ elected representatives.
Supreme Court Seems Leery Of Challenge To CFPB’s Constitutionality. ByEmily Mason, Former Staff. I cover fintech for Forbes' money team. Oct 04, 2023, 02:50pm EDT Oct 04, 2023, 02:50pm EDT.
Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch a digital payments service.