In this special joint episode of The Consumer Finance Podcast and Payments Pros, Chris Willis, co-leader of Troutman Pepper Locke's Consumer ...

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 ...

New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...

Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's ...

A tax and spending package Trump signed July 4 nearly halves the watchdog's annual funding. Resources may be stretched to police consumer financial laws.

In a win for credit bureaus and debt collectors, medical debt will be allowed to stay on your credit report after all.

A district court judge this week has denied allowing four groups — the American Fintech Council, Financial Data and Technology Association, Financial Health Network and Public Citizen — to file legal ...

CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB terminated that mandate this month.

The CFPB has long survived existential threats, including a few court cases that challenged its constitutionality. However, the Trump administration's cuts are its biggest test yet, and it’s ...

The deadlines were extended for the first time in a June 2024 interim final rule following the US Supreme Court’s May 16, 2024, decision on the CFPB’s constitutionality in CFPB v. CFSA.

U.S. District Judge in Chicago rules against CFPB’s effort to withdraw a redlining settlement Decision thwarts a joint CFPB-Townstone bid, amid cla ...

In November 2023, BofA had agreed to pay a $12 million fine to settle CFPB charges that it routinely submitted inaccurate information about mortgage applicants to the federal government, in ...