Rep. French Hill and Sen. Tim Scott have issued a resolution to reverse a Biden administration rule capping overdraft fees at ...
Bank of America strategists are warning of a potential 40% crash in the S&P 500, attributing it to a growth-stock bubble.
In November of 2020, the CFPB filed a lawsuit against FDATR, Inc., Ken Halverson, and Dean Tucci for allegations that the Federal Telemarketing Sales Rule, 16 C.F.R. Part 310 ("TSR") had been violated ...
Some housing industry pros have cheered the Trump administration's actions to disable the CFPB, but appraisers have mixed ...
Trump's economic policies, including tax cuts, deregulation, and trade tariffs, significantly affected different sectors of ...
President Donald Trump's newly installed chief of the U.S. Consumer Financial Protection Bureau on Monday directed all of the ...
Bessent, a wealthy hedge fund manager, was already expected to be a business-friendly choice to lead the Treasury. Now he will lead the CFPB, the federal consumer watchdog, at least for a time. "I ...
The missive appeared to herald a stark shift to come at the CFPB, which Congress formed in the wake of the 2008 banking crisis to protect consumers from unfair, deceptive or predatory financial ...
In an email, Bessent instructed the CFPB staff to stop working on enforcement actions and to suspend the effective dates for rules not yet in effect. That follows the ouster of Biden appointee ...
Treasury Secretary Scott Bessent is now the acting head of the U.S. Consumer Financial Protection Bureau, according to a person familiar with the matter, signaling a potential shift away from the ...
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 ...