News

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 ...
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, ...
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 ...
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 ...
Credit card late fee cap scrapped as Trump admin sides with Wall Street banks - Last month, President Trump tried to ...
After Trump fired the CFPB's director in February, the White House initially froze all enforcement and supervisory activities en masse.
Business Insider reviewed an internal memo from the CFPB calling on its employees to "deprioritize" student loans, medical ...
Our podcast show being released today is part 2 of a repurposed interactive webinar that we presented on March 24 featuring two of the ...
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 ...
Boxer Adrien Broner confirms he was punched in a recent nightclub brawl and claims that he was a victim of theft.
The end is nigh. Robotic lawyers are coming for your jobs. Machines in snazzy suits will soon be swaggering into courtrooms, offering legal advice with the efficiency of a microwave and the charm of a ...