Why Fintechs Still Need To Behave, Despite Trump's Assault On The CFPB
The CFPB is on hiatus, but policy experts are warning fintechs against running wild while the cops are off-duty. Andrew ...
JD Supra7h
CFPB is Proceeding with Some of Its Enforcement Actions, But Most Are Now Stayed or Dismissed
Although the Consumer Financial Protection Bureau (CFPB or Bureau) voluntarily dismissed a slew of its own enforcement actions following ...
JD Supra6h
A deep dive into Judge Jackson’s preliminary injunction order against CFPB Acting Director Vought
Judge Amy Berman Jackson issued a 112-page opinion and 3-page order in National Treasury Employees Union, et al. v.
Gutting the Consumer Financial Protection Bureau
On Friday, a federal judge dealt President Donald Trump another defeat by blocking the administration from dismantling the ...
American Banker4d
CFPB retreats from classifying BNPL like credit cards
The Consumer Financial Protection Bureau said in a court filing that it plans to reverse its interpretive rule tightening ...
Federal judge blocks Trump from dismantling Consumer Financial Protection Bureau
A federal judge has agreed to block the Trump administration from dismantling the Consumer Financial Protection Bureau ...
Schumer slams plan to uncap overdraft fees
Sen. Chuck Schumer ripped a Republican plan to raise overdraft fees at banks on Sunday ahead of a crucial House vote coming ...
Schumer slams Republican plan to raise bank overdraft fees
The plan is part of Republicans’ wide-ranging assault on the Consumer Finance Protection Bureau, which enacted a rule in ...
US Senate Vote To Lift Cap on Bank Overdraft Fees
Banks are celebrating the vote, but consumer advocates warn this could worsen the struggles facing low-income families.
JD Supra1d
House Subcommittee Chairman pushes legislation to convert CFPB into a commission, make it subject to appropriations
House Financial Institutions Subcommittee Chairman Rep. Andy Barr, R-Ky., said last week that his subcommittee will place a high priority on ...
JD Supra1d
CFPB to Withdraw BNPL Interpretive Rule Amid Broader Agency Rollback
The CFPB has announced plans to withdraw its May 2024 interpretive rule that subjected buy-now, pay-later (BNPL) products to regulations applicable ...