The Dismantling of the CFPB Is Already Harming Consumers—and Worse May Be to Come
With the CFPB told to stop its work, thousands of consumers’ hopes of restitution may be lostBy Derek KravitzFive years ago, ...
Consumer protection agency is in limbo. How that could affect Rocket, other finance firms
One analyst says it's a "jump ball" as to whether the bureau pursues a suit accusing Rocket Mortgage of paying kickbacks to ...
The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’
The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
US News & World Report - Money on MSN10d
Should You Be Worried About the CFPB Halt? Here's What It Means for Banking
Zelle. The CFPB sued Early Warning Services, Bank of America, JPMorgan Chase and Wells Fargo in December over fraud on the ...
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...
PBS12d
Former CFPB director says Trump ‘begging for another financial crisis’ by closing agency
The Consumer Financial Protection Bureau has been shut down by President Trump, at least for this week and possibly much ...
fintechmagazine3d
Banks Signal Mixed Response to CFPB Shutdown
Banks & fintech firms confront regulatory uncertainty after CFPB shutdown, raising oversight questions on US$18tn consumer ...
Virginia Business9d
Status of federal agency’s lawsuit against Capital One unclear
Listen to this article A lot has happened since Jan. 20, as the Trump White House employs “shock and awe” tactics at lightning speed. Among the consequences is the shutdown of the Consumer Financial ...
Crain's Chicago Business1d
Can Illinois set up its own CFPB? This lawmaker wants to try.
As the federal Consumer Financial Protection Bureau is being gutted, a state senator is pitching a plan for a local version — ...
Consumers don't need more hidden fees, tricky loans, or a repeat of the financial crisis
The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...
CFPB Agrees to Pause Rumored Workforce Layoffs, Data Purge (1)
Consumer Financial Protection Bureau employees got at least a two-week reprieve from an expected culling of the workforce ...
Could Shutting Down the CFPB Severely Dent Small Businesses’ Access to Capital?
Shuttering the agency would be a death knell to the CFPB’s small-business data collection rule, which is meant to enforce ...