New CFPB leadership agrees to hold off on mass firings while lawsuit proceeds
Lawyers representing the acting director of the CFPB reached an agreement during a court conference Friday to temporarily ...
Judge temporarily blocks mass firing and data deletion at CFPB
A federal judge in Washington temporarily ordered the Trump administration to halt efforts to dismantle the Consumer Financial Protection Bureau, barring officials from laying off staff, deleting data ...
The technology team at financial regulator CFPB has been gutted
Around 20 technologists at the Consumer Financial Protection Bureau were fired on Thursday evening, gutting a team that ...
Trump officials plan to fire 95% of CFPB staff, cancel its lease, union lawsuit says
The Trump administration is planning to hollow out the Consumer Financial Protection Bureau (CFPB) by firing 95% of its staff while canceling the lease on its Washington, D.C., headquarters, according ...
jurnaltime2d
Uncovering the Hidden Method to Bring Banks to Light
The Consumer Financial Protection Bureau has hit a standstill this week due to orders from Trump administration officials. However, the agency's popular online consumer complaint portal remains active ...
You can still report badly behaving banks to the CFPB
Trump officials halted work at the Consumer Financial Protection Bureau, but the agency's public portal for reporting ...
CNET on MSN2d
Gutting the CFPB Could Leave You More Vulnerable to Financial Fraud. Here's Why
It looks like a government watchdog may have been put on a chain, and some experts are worried what this could mean for ...
TechCrunch14d
CFPB fines fintech Wise, alleging it charged deceptive fees
The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions ...
The National Law Review15d
CFPB Orders Remittance Company to Pay $2.5 Million for Deceptive Practices and Inaccurate Disclosures
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...
JD Supra15d
CFPB Proposes a New Rule Prohibiting Certain Contractual Terms for Consumer Financial Products
On January 13, the Consumer Finance Protection Bureau (CFPB) published a new proposed rule attempting to ban certain contractual provisions in "take it or leave it" consumer contracts that purport ...
MarketWatch17d
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed -- Update
Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022, the ...
Morningstar18d
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
In 2022, the CFPB said it spotted violations across some of Wells Fargo's consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly ...