From credit cards to medical debt: What may happen to some key consumer protection rules under Trump
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing.
JD Supra55m
Compliance into the Weeds: End of FCPA and CFPB?
The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going ...
Winston-Salem Journal1h
A new CFPB rule would keep medical debt off credit reports. The Trump administration asks judge to pause rule
The Trump administration's bid to reduce the authority of the federal Consumer Financial Protection Bureau has advanced, with ...
Consumers don't need more hidden fees, tricky loans, or a repeat of financial crisis
The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...
bankingdive2h
Ex-FDIC official McKernan tapped to lead CFPB
The development came on a day when the bureau terminated roughly 70 probationary employees, including enforcement division ...
Democrats vow to fight shutdown of consumer watchdog agency
A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...
KNPR3h
Elon Musk's DOGE takes aim at agency that had plans of regulating X
Musk and other Silicon Valley executives have long railed against the Consumer Financial Protection Bureau for its work ...
Powell says bank accounts ‘safe’ despite teardown of consumer protection agency
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.
'Save face': Officials at Liz Warren's pet project agency dismissed despite telling media they resigned
Fox News Digital confirmed three leaders at the Consumer Financial Protection Bureau were placed on administrative leave ...
The Times Leader5h
Federal Reserve chair Powell says bank accounts ‘safe’ despite Trump’s teardown of consumer protection agency
Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday. Powell, testifying before the ...
Journal5h
Fed chair says bank accounts ‘safe’ despite Trump’s teardown of CFPB
Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday. Powell, testifying before the ...
"Let the scams roll": Elon Musk exploits culture wars to turn MAGA against consumer protections
Musk and his allies have a clever way to sell the pro-scam agenda to the MAGA base: Tell them that the CFPB has girl cooties.