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 on companies in order to simply fill the Bureau’s penalty fund,” the CFPB’s ...

An internal Consumer Financial Protection Bureau memo says the agency will shift enforcement and supervisory work to the ...

The Consumer Financial Protection Bureau (CFPB or Bureau) recently announced that it plans to revisit – and potentially revise – its ...

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, ...

A federal appeals court will allow the Trump administration to further shrink the Consumer Financial Protection Bureau but ...

Disabling the bureau through workforce cuts likely won’t withstand court challenge. Instead, the administration should target ...

The CFPB will begin the process of discontinuing regulatory "guidance" and instead enforce the Administrative Procedure Act's rulemaking process. In ...

If the CFPB is eliminated or diminished, student loan borrowers risk losing vital loan protections against servicer ...

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 ...

The Consumer Financial Protection Bureau said in a court filing that it will repropose a rule requiring lenders to report ...