It's striking to see the Consumer Financial Protection Bureau try to give money to a mortgage lender, instead of trying to ...

The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court that it remains committed to meeting its legal obligations. The agency has denied in ...

The Consumer Financial Protection Bureau (CFPB) was launched in 2011 in response to the 2008 banking crisis, which destabilized millions of Americans. This new U.S. government agency’s intent ...

Democrats defend the CFPB, citing the approximately $21 billion it has returned to harmed investors since its inception in 2010. Senate Banking Chair Tim Scott, R-S.C., and other Republicans ...

Cordray argues that removing the CFPB is akin to removing police from a high-crime area, and will lead to unchecked financial misconduct. He highlights a potential conflict of interest with Elon ...

During the waning days of the Biden administration in late December, the CFPB, then led by Rohit Chopra, filed a lawsuit against Zelle operator Early Warning Services as well as Bank of America ...

Representatives for the CFPB, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests for ...

Customers of the top three banks lost more than $870 million over seven years due to the banks' failures to protect them, according to the CFPB. "This is about financial institutions fulfilling ...

The CFPB "dismisses this action against Defendants Early Warning Services, LLC, Bank of America, N.A., JPMorgan Chase Bank, N.A., and Wells Fargo Bank, N.A., with ...