Whistleblower testifies in court that plan to abolish CFPB is still on, countering administration’s narrative
An employee tasked with implementing the firings of hundreds of staffers at the Consumer Financial Protection Bureau ...
American Banker2h
'Not a political issue': Compensation stalls amid CFPB turmoil
In 2023, the Consumer Financial Protection Bureau cited Citibank for discriminating against Armenian Americans. The recent ...
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Crippling the CFPB Could Hurt Consumers and Loosen Regulations for Financial Giants
Alternative options if you're the victim of unfair and abusive practices as the consumer watchdog 'winds down.' ...
Judge denies CFPB funding relief to Baltimore
A federal judge on Friday declined to temporarily block the Trump administration’s bid to strip the Consumer Financial Protection Bureau (CFPB) of its reserve funds, after the city of Baltimore ...
What Credit Card Protections Could We Lose if the CFPB Closes?
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency ...
New York AG announces bill to protect consumers from scams after Trump hobbles CFPB
With the Consumer Financial Protection Bureau frozen, consumers will have to rely on their state AGs and regulators when they ...
Baltimore Bid for CFPB Funding Relief Denied by Federal Judge
A federal judge denied a request from the city of Baltimore to put a temporary stop on the Trump administration’s efforts to ...
CFPB strikes down DEI efforts
The bureau’s acting director halted “race-based” activities, forbade pronouns in email signatures and equated noncompliance ...
American Banker4d
CFPB resignations, confusion ahead of court fight
Among the resignations are Mark McArdle, who was instrumental in creating the Qualified Mortgage rule, and Operations Chief ...
Banking Dive1d
Judge in CFPB case ‘leaning’ toward injunction
Efforts to gut the bureau still appear on, evidence may indicate. A defense attorney, meanwhile, tried to highlight the ...
CFPB Loses Bid to Pause Comerica Federal Benefits Card Suit (1)
The Consumer Financial Protection Bureau will have to either pursue or drop its case against Comerica Bank over alleged ...