The beneficiaries of a weakened CFPB are clear: big banks, payday lenders, debt collectors, and financial institutions that ...
A key federal watchdog is being stripped of its power to oversee potential fraud and abuse in online payment platforms just ...
The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against several big banks for failing to safeguard ...
The stay requested by the CFPB would prolong the harm Comerica is experiencing due to the “meritless” lawsuit, the bank said.
The overdraft rule issued by the CFPB under previous Director Rohit Chopra, capping fees at $5, may be abandoned in the wake ...
The Consumer Financial Protection Bureau late Tuesday dropped its lawsuit against Early Warning Services LLC, operator of the ...
This past Thursday, the Consumer Financial Protection Bureau (CFPB) dismissed a significant lawsuit against Capital One and ...
A pair of consumer groups won their bid to defend the Consumer Financial Protection Bureau’s $5 cap on bank and credit union ...
In December a federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America, claiming the banks failed to protect ...
Large banks and payment players might enjoy lighter regulation if the CFPB disappears, but should be careful what they wish for, says David Silberman, a former senior administrator for the bureau.
The nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau moves to the full Senate, where he's likely to be confirmed along party lines.
It's the latest lawsuit abandoned by the Consumer Financial Protection Bureau since Trump appointees have taken over at the ...