The Consumer Financial Protection Bureau (CFPB) issued a proposed rule under Regulation AA to address the use of restrictive and coercive clauses ...
The incoming administration will have a number of tools at its disposal to immediately pare back stifling federal regulation ...
Following months of public hearings and reports on credit card rewards programs, on December 18, 2024, the Consumer Financial Protection Bureau ...
The Consumer Financial Protection Bureau released recommendations on how states can beef up enforcement after the Trump ...
What: The CFPB contends these companies engaged in unfair, deceptive, or abusive acts or practices (UDAAP), allegedly forcing drivers to pay fees to instantly transfer their hard-earned money. When: ...
But instead, the CFPB alleges, Capital One froze its rate at a low level for at least several years, even as rates rose nationally. At the same time, the CFPB adds, the bank created "360 ...
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
The CFPB found that medical debts provide little predictive value to lenders about borrowers’ ability to repay debts. Agency officials also said consumers frequently report getting inaccurate ...
As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.” So it was a bit like déjà vu when Elon Musk, Trump’s new presidential ...
As a result, that decision cost consumers more than $2 billion in lost interest payments.“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts ...