A federal judge in Texas tossed a former President Biden-era Consumer Financial Protection Bureau (CFPB) rule that capped credit card late fees at $8 after both sides on the issue agreed that it ...

The Consumer Financial Protection Bureau has sided with bank trade groups in asking a federal court to dismiss the credit card late fee rule. The CFPB's chief legal officer claimed in court documents ...

On Tuesday, U.S. District Court Judge Mark. T. Pittman tossed the CFPB's credit card late fee rule saying the bureau's failure to allow card issuers to charge fees for late payments violates the CARD ...

Republicans on the House Financial Services Financial Institutions Subcommittee have sent Acting CFPB Director Russell Vought a letter calling for ...

In a March 2024 lawsuit against the rule, the business and banking groups accused the CFPB of overstepping its authority and ignoring Congress’ intent that fees be high enough to deter late ...

The CFPB announced March 28 that it would deprioritize enforcement of rules meant to protect consumers from deceptive acts from payday lenders. On Friday, the CFPB said it would no longer enforce ...

Investing.com -- Seven Republican senators have urged the U.S. Commerce Secretary, Howard Lutnick, to withdraw a recent rule that limits global access to AI chips. The rule, introduced by the ...

The three-judge panel on the U.S. Court of Appeals for the District of Columbia Circuit expressed concern over the CFPB’s apparent shuttering but signaled openness to staying parts of a lower ...

In February 2025, the Trump administration suspended operations at the Consumer Financial Protection Bureau (CFPB), a federal agency that protects consumers from fraud and unscrupulous banking ...