Whistleblower testifies in court that plan to abolish CFPB is still on, countering administration’s narrative
An employee tasked with implementing the firings of hundreds of staffers at the Consumer Financial Protection Bureau ...
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last ...
CNET on MSN1d
Crippling the CFPB Could Hurt Consumers and Loosen Regulations for Financial Giants
Alternative options if you're the victim of unfair and abusive practices as the consumer watchdog 'winds down.' ...
Banking Dive1d
Judge in CFPB case ‘leaning’ toward injunction
Efforts to gut the bureau still appear on, evidence may indicate. A defense attorney, meanwhile, tried to highlight the ...
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency ...
JD Supra15h
Chaos and Confusion at the Bureau: Current Litigation Surrounding the Unwinding of the CFPB
As we discussed previously, the Consumer Financial Protection Bureau (CFPB) is facing a threat to its very existence, and this time, the call ...
Column: With CFPB sidelined, can other consumer lawsuits fill the watchdog void?
As the U.S. Consumer Financial Protection Bureau in recent days has moved to dismiss at least 10 cases accusing companies of ...
Banking Dive16h
CFPB strikes down DEI efforts
The bureau’s acting director halted “race-based” activities, forbade pronouns in email signatures and equated noncompliance ...
What Credit Card Protections Could We Lose if the CFPB Closes?
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
The Trump Administration disbanded the Consumer Financial Protection Bureau. Here’s how it could impact rural communities.
Fighting junk fees, tackling medical debt and aiding banking deserts are just some of the protections the Consumer Financial Protection Bureau (CFPB) provided for rural communities. In February, the ...
JD Supra14h
Credit Card Late Fee Rule Litigation: CFPB Indicates “Resolution is Feasible”
In a significant development in the credit card late fee rule litigation, the Consumer Financial Protection Bureau (CFPB) has filed a status ...
CFPB Loses Bid to Pause Comerica Federal Benefits Card Suit (1)
The Consumer Financial Protection Bureau will have to either pursue or drop its case against Comerica Bank over alleged ...