That’s a huge sigh of relief — and something of a surprise — if you read the agency’s BNPL analysis in January. Under the ...

Republicans have long targeted the Consumer Financial Protection Bureau for elimination. It survives, for now, but has ...

Ongoing rollbacks at the CFPB may lead to some deregulation in consumer lending, but it’s unlikely to reach pre-2010 ...

As of January 2025, the CFPB has delivered $19.7 billion in consumer relief since its creation, with 195 million people eligible for that relief, according to the agency.

"The CFPB's decision not to prioritize enforcement actions taken on the basis of buy now, pay later loans is troubling," says Eric Chaffee, professor of law at Case Western Reserve University ...

The move ends the consumer watchdog's monitoring of the lender more than three years ahead of schedule. In November 2023, BofA had agreed to pay a $12 million fine to settle CFPB charges that it ...

The CFPB said Capital One stopped offering 360 Savings to new customers when it introduced 360 Performance Savings, which now yields 3.8% annually, according to the bank's website. Tuesday's lawsuit ...

The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday dropped a series of enforcement actions against financial services companies accused of wrongdoing under the prior administration ...

The new plan would cap the CFPB’s access to funding at 6.5% of the Federal Reserve operating budget, decreased from its current limit of 12%. Senate Banking Committee Chairman Tim Scott, R-SC ...

“The CFPB found that Citi purposefully discriminated against applicants of Armenian descent, primarily based on the spelling of their last name,” said CFPB director, Rohit Chopra, in a release. “Citi ...

CFPB acting enforcement director Cara Petersen has resigned, criticizing the Trump administration for making it increasingly difficult to perform the agency’s tasks, Reuters reports.

CFPB’s staff say it’s now toothless Watchdog’s role sees drastic shift July 20, 2025 by KEN SWEET The Associated Press ...