News

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the ...
States have passed new laws and hired ex-bureau staff, but some suggest the shift is more evolutionary than revolutionary.
The U.S. Consumer Financial Protection Bureau has closed an oversight agreement with Bank of America tied to allegations that the lender submitted inaccurate mortgage data, according to a filing ...
President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers allegedly ...
The senator knocked the FHFA chief over voluminous social posting. Meanwhile, the Fed published a video tour of its ...
Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts The Consumer Financial Protection Bureau was created to police potential bad actors in the financial services ...
Senate Republicans have proposed cutting the Consumer Financial Protection Bureau’s (CFPB) funding by nearly half. The move is part of President Trump’s “Big Beautiful Bill” and could lead ...
Supposedly written to expand consumers' "freedom," the rule implementing open banking laws is actually central planning in disguise. It can't be allowed to supplant better, market-driven solutions.
The bank neither admitted nor denied wrongdoing, but as part of the settlement, the CFPB was set to oversee the issue for five years unless it chose to end its oversight early.
Since Trump took control of the CFPB in February, calling for its elimination, administration officials have sought to reduce the workforce by about 90% and sharply curtail its industry oversight.
The CFPB cut short a five-year agreement with Bank of America over the bank’s alleged submissions of false mortgage data.