The Consumer Financial Protection Bureau and banks seeking to overturn a Biden-era open banking rule are misreading a law ...

The CFPB garnishment order, to which BofA consented, assessed a civil money penalty of $10 million and required BofA to refund $592,000 in garnishment-related fees charged to its depositors — an ...

CFPB Director Richard Cordray speaking at the U.S. Chamber of Commerce’s 11th Annual Capital Markets Summit: Financing American Business, in Washington, D.C. March 30, 2017. The Consumer ...

Mulvaney said the CFPB plans to prioritize its actions based on complaints to its consumer database, one-third of which are related to debt collection. The bureau also will spend more time on cost ...

According to the CFPB, the rule could erase approximately $49 billion in medical bills from credit reports, potentially increasing credit scores by an average of 20 points for 15 million Americans.

We previously reported on changes to leadership at the Consumer Financial Protection Bureau (CFPB), the halt of all activities at the CFPB, and the impacts to the financial services industry.

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The CFPB, under former director Rohit Chopra, had ordered the Vienna, Virginia-based Navy Federal to pay more than $95 million for “illegal surprise overdraft fees” – the largest penalty ...

The CFPB’s indefinite pause on writing new rules and regulations could also possibly benefit Elon Musk, whose stated goals include turning X into a so-called “everything app” that would also ...

The CFPB announced that digital payment platforms processing over 50 million transactions annually will face federal supervision 30 days after publication in the Federal Register. Apple Pay is a ...

The Consumer Financial Protection Bureau (CFPB) has withdrawn 67 guidance documents related to key consumer protection laws, but legal experts emphasize the laws themselves remain fully in effect ...