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 ...

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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 ...

Since Oct. 1, the CFPB has issued six proposed rules and four final rules, and filed or issued no fewer than 20 lawsuits and enforcement actions, according to Crane. “That’s just a lot of activity in ...

Abolishing the Consumer Financial Protection Bureau (CFPB) should rank high on the list as the Department of Government Efficiency (DOGE) seeks to cut reckless federal spending. This agency—created in ...

Cruz this week introduced the “Defund the CFPB Act,” which seeks to “zero out transfer payments from the Federal Reserve to the [CFPB],” according to the announcement. Rather than drawing ...

Wise violated the CFPB’s remittance and prepaid card rules, the agency said. At least 16,000 Wise customers were overcharged due ...

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 ...

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 ...

The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users whose unauthorized transfers weren't investigated and send a $55 million ...

Trump Team Debates Bank Watchdogs as Chopra Remains at CFPB Trump team struggling to pick replacements for CFPB, OCC heads Biden appointees Chopra, Hsu continue to serve in their roles ...

The Dodd-Frank Act gives the CFPB director a five-year term, which ends in October 2026, though he can be removed by the President at any time. Our sources say he’s sought to ingratiate himself ...