The Dismantling of the CFPB Is Already Harming Consumers—and Worse May Be to Come
With the CFPB told to stop its work, thousands of consumers’ hopes of restitution may be lostBy Derek KravitzFive years ago, ...
Should You Be Worried About the CFPB Halt? Here's What It Means for Banking
Zelle. The CFPB sued Early Warning Services, Bank of America, JPMorgan Chase and Wells Fargo in December over fraud on the ...
fintechmagazine1d
Banks Signal Mixed Response to CFPB Shutdown
Banks & fintech firms confront regulatory uncertainty after CFPB shutdown, raising oversight questions on US$18tn consumer ...
The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’
The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...
KPBS6d
Federal judge blocks CFPB from laying off more employees
The CFPB's former chief technologist had also warned that the ... saying they didn't protect consumers from fraud. It also ...
PBS10d
Former CFPB director says Trump ‘begging for another financial crisis’ by closing agency
The Consumer Financial Protection Bureau has been shut down by President Trump, at least for this week and possibly much ...
CFPB’s Last Big Swing Under Biden Takes on Data Brokers
Included in this flurry of last-minute activity was an ambitious proposal to rein in the data broker industry in the form of ...
Virginia Business7d
Status of federal agency’s lawsuit against Capital One unclear
Listen to this article A lot has happened since Jan. 20, as the Trump White House employs “shock and awe” tactics at lightning speed. Among the consequences is the shutdown of the Consumer Financial ...
Could Shutting Down the CFPB Severely Dent Small Businesses’ Access to Capital?
Shuttering the agency would be a death knell to the CFPB’s small-business data collection rule, which is meant to enforce ...
CFPB Agrees to Pause Rumored Workforce Layoffs, Data Purge (1)
Consumer Financial Protection Bureau employees got at least a two-week reprieve from an expected culling of the workforce ...
'It Has Done Enormous Harm To The Country'—Crypto Leaders Celebrate As CFPB Is Shut Down
The Consumer Financial Protection Bureau, a government agency created to protect people from unfair financial practices, has ...