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REALM event, Cotality’s Chief Economist Dr. Selma Hepp noted that consumer and business sentiment has already dropped and that has led to less spending. Less spending leads to a slower economy and ...
The bureau dismissed the case without prejudice – meaning it could refile the lawsuit – setting it apart from other recent ...
Vacating the judgment would set a dangerous precedent for new administrations to roll back unfavorable rulings, the National ...
It might seem like a philosophical question, but this could be the CFPB's final chapter. On Friday, a federal court blocked the Trump administration from dismantling the agency with a temporary ...
This is likely not the last say on the future of the CFPB, as the Trump administration plans to file an appeal and the court case moves forward. The government's banking watchdog is set to get ...
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MyChesCo on MSNCFPB Reverses Course in Shocking Settlement Fallout with Townstone FinancialThe Consumer Financial Protection Bureau (CFPB) is seeking to vacate a settlement reached with Townstone Financial, a small Midwest mortgage firm, following what it describes as years ...
Adding to their sense of shock: The CFPB originally filed its case against Townstone in 2020 during Trump’s first term under his own handpicked director, Kathy Kraninger. Some consumer ...
“The defendants’ unlawful action will have immediate consequences for the Americans that the CFPB was designed by Congress to protect,” the lawyers wrote.Government lawyers have said the ...
Via CNBC: In a filing, Judge Amy Berman Jackson sided with the CFPB employee union that sued acting CFPB director Russell Vought last month to prevent him from laying off nearly all of the regulator’s ...
"The Court cannot look away or the CFPB will be dissolved and dismantled completely in approximately 30 days," Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia said ...
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