News

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 ...
In a surprise announcement, the CFPB has said it will issue a revised Section 1033 open banking rule rather than simply killing the ...
The Consumer Financial Protection Bureau’s (CFPB) open banking rules, issued under Section 1033 of the Dodd-Frank Act, have been the subject ...
DOGE infiltrated the CFPB on Feb. 6. The addressing of consumer complaints has become perhaps the most often-cited example, in the NTEU’s court case, of work the CFPB is mandated by law to provide.
The CFPB anticipates the next update to the tool being released in spring 2025; it’s worth watching and waiting to see if any of these issues will be addressed in that process.
The moves are in some ways unprecedented for the agency. Until this month, the CFPB had only ever dismissed one of its own lawsuits without first obtaining some sort of relief for consumers ...
A union representing CFPB employees has been arguing in a separate court case that the Trump administration is trying to illegally wind down the agency, which had about 1,700 employees before the ...
She also requires that the government maintain CFPB data and records, and rescind contract termination notices sent since February 11th. Essentially, the CFPB can — for now — get back to work.
“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 ...
The CFPB anticipates the next update to the tool being released in spring 2025; it’s worth watching and waiting to see if any of these issues will be addressed in that process.