News

After Trump fired the CFPB's director in February, the White House initially froze all enforcement and supervisory activities en masse.
The Trump administration, with Elon Musk's DOGE initiative, plans sweeping cuts across federal agencies, including USAID, IRS ...
An 11-point memo directs the agency’s staff to bring redress directly to affected consumers, “rather than imposing penalties ...
The CFPB, set up in 2010 in the wake of the 2008 financial crisis in large part to protect consumers from predatory financial practices, will slash inspections of financial services firms in half, ...
Business Insider reviewed an internal memo from the CFPB calling on its employees to "deprioritize" student loans, medical ...
The top U.S. watchdog agency for consumer finance will cut its inspections of financial services companies in half while focusing on threats to military personnel and turning away from areas like ...
President Donald Trump's administration is making deep cuts to the federal agency that oversees financial products such as mortgages and student loans - and as a result, risky loans and scams ...
According to the CFPB, the average credit card late fee is $32, and Americans pay $14 billion to banks every year to cover such fees. Biden’s CFPB director, Rohit Chopra, said the banks “harvest ...
If the CFPB is eliminated or diminished, student loan borrowers risk losing vital loan protections against servicer ...
In a settlement with bank trade groups that sued the Consumer Financial Protection Bureau, the Trump administration has ...
The Consumer Financial Protection Bureau (CFPB or Bureau) recently announced that it plans to revisit – and potentially revise – its ...
Opinion
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Will the Supreme Court Crash the Global Economy?
Chief Justice John Roberts placed a case on the Supreme Court’s docket that could potentially entrench far more devastating and irremediable damage to the global economy than Trump’s tariffs; ...