A lawsuit challenging the Trump administration’s efforts to kneecap the Consumer Financial Protection Bureau exposed top ...

The CHLA argues that the goal of mortgage rules should be compliance, not fines or penalties, and the CFPB should allow IMBs to fix problems before imposing significant fines. “Regulation by ...

Baden Bower specializes in securing media placements that allow companies to take control of their message. For Wise, this ...

On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 per incident, down from an industry average of $32. It is expected to ...

On January 7, 2025, the CFPB announced its annual civil penalty inflation adjustments, which went into effect on January 15, 2025. These adjustments are made under the Civil Penalties Inflation ...

Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...

plus a penalty of $1.7 billion. Numbers such as these frighten vested interests. As The Post reported, Musk’s broadside against the CFPB follows an initiative from his social media company ...

And that’s one of the reasons that the CFPB has been so controversial from the beginning. Fines Do Not Prove the CFPB is Necessary It is also true that the CFPB has levied billions in fines ...

The Consumer Financial Protection Bureau (CFPB) has officially dismissed its enforcement action against Capital One Bank, which had been accused of cheatin ...

While state regulators may lack the same penalty authority as the CFPB, Andreano believes they are better equipped to find the small bad actors. “Sometimes the small players think they can get ...

The Department of Government Efficiency (DOGE) is planning to fire the “vast majority” of employees at the Consumer Financial ...