CFPB RIP” was Elon Musk’s tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, President Donald Trump.Rohit Chopra, former director of ...

ReShonda Young, founder of a soon-to-launch Iowa bank, is suing the Consumer Financial Protection Bureau for delaying new ...

Consumer Financial Protection Circulars are advisory policy statements the Bureau issues under the Administrative Procedure Act, 5 U.S.C. 553(b).Circulars provide background on an applicable law ...

At least one political appointee at the Consumer Financial Protection Bureau is raising concerns about fees JPMorgan Chase & ...

Credit and consumer reporting have consistently topped the CFPB’s list of complaints for years and accounted for nearly 60% of all complaints last year, up from 44% in 2019. A significant portion of ...

On June 4, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued a Consumer Financial Protection Circular 2024-03 (“Circular”) warning that the use of unlawful or unenforceable ...

Since the U.S. Consumer Financial Protection Bureau opened its doors in 2011, the watchdog has been at the center of legal fights over mortgage regulations, student loans, forced arbitration and ...

Established in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) is a government agency intended to do exactly what its name states: protect consumers financially by ...

Before the CFPB, federal consumer protection laws were enforced by a variety of federal regulators — an “unusual patchwork system” that proved not only inefficient but ineffective, says ...

The three most common issues reported to the CFPB related to credit reporting were incorrect information on credit reports (30.8% of complaints), improper use of credit reports (27.6%), and ...

The Consumer Financial Protection Bureau issued guidance on the use of artificial intelligence in credit underwriting, saying that creditors are relying too heavily on a CFPB checklist and sample ...

The U.S. government on Tuesday issued new rules to remove roughly $49 billion in unpaid medical debts from Americans’ credit reports, even as debt collectors and incoming Republican leaders have ...