News

Nonbank entities potentially subject to the CFPB’s growing enforcement and examination powers should allocate resources to promote compliance and prepare to respond to increased regulatory scrutiny.
Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency ...
Third, it substantially increases the risk that the CFPB will seek to bring an enforcement action against ... announced in 2022 that it had "dormant" powers to regulate nonbanks that provide ...
On May 15, the CFPB rescinded its May 2022 interpretive rule that had expanded state enforcement authority under Section 1042 of the ...
The Consumer Financial Protection Bureau is asking examiners and enforcement attorneys to write memos on pending matters that ...
“Court rules and scheduling orders affecting CFPB enforcement actions are not frozen ... find itself being shut down or severely losing power through one of the avenues Riley outlined, Sterbcow ...
“CFPB abused its power, used radical ‘equity’ arguments ... the goal of mandating DEI in lending via their regulation by enforcement tactics. The more we uncover at CFPB, the more we see ...
On May 15, the CFPB issued an amended consent order against an international remittance provider, reducing its civil penalty ...
On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy ...
“Shutting down CFPB enforcement actions that are on the verge ... targeting its leadership structure, investigative powers and funding source; the bureau gets its money from the Federal Reserve.
The halt of the CFPB's activities affects all its operations, including enforcement against unfair ... arm of the bureaucracy that leverages its power against certain industries and individuals ...