Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...
The SBLR was initially enjoined nationally by a Federal Court in the Southern District of Texas which determined that the CFPB’s funding structure violated the Constitution’s appropriation’s clause[2] ...
which sources believe the CFPB audits will help to clarify. This is particularly true for rules surrounding lender-paid and borrower-paid compensation, a structure unique to the channel.
On Dec. 12, the Consumer Financial Protection Bureau (CFPB) finalized a controversial rulemaking that would fundamentally alter how banks and ...
Republicans are widely expected to try to pass bills next year that would turn the CFPB's single-director structure into a five-member commission and subject the bureau to congressional appropriations ...
A federal agency charged with protecting consumers from abuses by banks, lenders, and other financial institutions faces an ...
At a Senate Banking Hearing, Sen. Katie Britt questioned CFPB Director Rohit Chopra on the agency’s structure, accountability, and priorities. She criticized its focus on last-minute regulations ...
The court ultimately rejected the challenge to the CFPB’s funding structure in a 7-2 decision in May. Even so, the Supreme Court ruled in 2020 that the CFPB director must be fireable by the ...
The U.S. consumer finance watchdog accused Walmart and the workforce payments company Branch Messenger on Monday of forcing ...
The CFPB in August 2023 obtained a legal judgment ... The Supreme Court in May upheld its funding structure, which had been challenged by the payday lending industry. Still, the agency's efforts ...