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Consumer Financial Protection Bureau

  • Government to Limit Bank Overdraft Fees
    Government to Limit Bank Overdraft Fees
    The new rule announced by the Consumer Financial Protection Bureau is estimated to eliminate $5 billion of such fees annually.
    December 12, 2024BY Wim De Gent
  • House Financial Services Committee’s Hearing on CFPB’s Latest Action in Payments
    House Financial Services Committee’s Hearing on CFPB’s Latest Action in Payments
    The House Financial Services Committee holds a hearing to examine "CFPB’s (Consumer Financial Protection Bureau) Latest Action to ...
    March 13, 2024BY Epoch Video
  • White House Proposes Cutting Big Banks’ Overdraft Fees to $3
    White House Proposes Cutting Big Banks’ Overdraft Fees to $3
    Since 2008, Americans have paid about $280 billion in overdraft fees.
    January 17, 2024BY Andrew Moran
  • Federal Lawsuit Alleges Texas’ Colony Ridge Developers Preyed on Hispanic Borrowers, Exploited Language Barriers
    Federal Lawsuit Alleges Texas’ Colony Ridge Developers Preyed on Hispanic Borrowers, Exploited Language Barriers
    An array of deceptive tactics was allegedly used to lure predominantly Hispanic residents, getting them to accept loans ...
    December 20, 2023BY Ryan Morgan
  • Bank of America to Pay $12 Million Fine Over Inaccurate Mortgage Data: CFPB
    Bank of America to Pay $12 Million Fine Over Inaccurate Mortgage Data: CFPB
    The penalty stems from claims the bank failed to ask legally required questions about the race, ethnicity, and ...
    November 28, 2023BY Caden Pearson
  • ‘It’s None of the CFPB’s Business!’: Sen. Kennedy Decries New ‘Woke’ Lending Rule for Small Business
    ‘It’s None of the CFPB’s Business!’: Sen. Kennedy Decries New ‘Woke’ Lending Rule for Small Business
    During his speech on the Senate floor on Wednesday, Sen. John Kennedy (R-La.) fiercely criticized a new Consumer ...
    October 18, 2023BY Epoch Video
  • Lenders Urge Supreme Court to Strike Down Consumer Financial Protection Bureau
    Lenders Urge Supreme Court to Strike Down Consumer Financial Protection Bureau
    The unusual funding mechanism for the powerful regulator makes it unaccountable and unconstitutional, the court heard.
    October 3, 2023BY Matthew Vadum
  • Supreme Court Case About Financial Regulator Sparks Industry Anxiety
    Supreme Court Case About Financial Regulator Sparks Industry Anxiety
    An industry lawyer says the economy could suffer if the justices strike down the way the Consumer Financial ...
    October 2, 2023BY Matthew Vadum
  • Federal Agency Forces Bank of America to Pay $100 Million to Customers
    Federal Agency Forces Bank of America to Pay $100 Million to Customers
    Bank of America will have to pay more than $100 million to customers for doubling up on some fees, ...
    July 11, 2023BY Jack Phillips
  • CFPB Employee Sent Data on 256,000 Consumers to Personal Email
    CFPB Employee Sent Data on 256,000 Consumers to Personal Email
    An employee of the Consumer Financial Protection Bureau (CFPB) made unauthorized transfers of confidential data relating to 256,000 ...
    April 20, 2023BY Ryan Morgan
  • Supreme Court Agrees to Hear Second Challenge to Constitutionality of Consumer Financial Protection Bureau
    Supreme Court Agrees to Hear Second Challenge to Constitutionality of Consumer Financial Protection Bureau
    The Supreme Court agreed on Feb. 27 to hear a second challenge in three years to the constitutionality of ...
    February 27, 2023BY Matthew Vadum
  • Biden Convenes Meeting of Competition Council, Urges Congress to Pass Junk Fee Prevention Act
    Biden Convenes Meeting of Competition Council, Urges Congress to Pass Junk Fee Prevention Act
    Flanked by members of the White House Competition Council he created after taking office, President Joe Biden on ...
    February 1, 2023BY Jeff Louderback
  • Funding for Agency Created in Obama Era Violates US Constitution: Appeals Court
    Funding for Agency Created in Obama Era Violates US Constitution: Appeals Court
    The funding stream for the Consumer Financial Protection Bureau (CFPB), created by Congress and approved by then-President Barack Obama ...
    October 20, 2022BY Zachary Stieber
  • GOP Bill Seeks to Block Biden Admin from Foisting ‘Woke Agenda’ on Community Banks
    GOP Bill Seeks to Block Biden Admin from Foisting ‘Woke Agenda’ on Community Banks
    A recently introduced bill by a House Republican seeks to protect community banks from a harmful provision in ...
    July 22, 2022BY Naveen Athrappully
  • Consumer Financial Protection Gone Awry
    Consumer Financial Protection Gone Awry
    Commentary The crises of recent years tend to erase from memory those that preceded them. One, as you ...
    April 15, 2022BY Star Parker
  • Debt Collectors Can Now Text, Email, and Send Direct Messages to Borrowers on Social Media
    Debt Collectors Can Now Text, Email, and Send Direct Messages to Borrowers on Social Media
    Debt collectors can now text, email, and send direct messages to borrowers on social media after new rules approved by ...
    December 3, 2021BY Katabella Roberts
  • Supreme Court Allows Consumer Watchdog Agency to Stand, Strikes Down Internal Structure
    Supreme Court Allows Consumer Watchdog Agency to Stand, Strikes Down Internal Structure
    Although the structure of the Consumer Financial Protection Bureau (CFPB), formed in the wake of the 2008 financial ...
    June 29, 2020BY Matthew Vadum
  • Constitutionality of Consumer Bureau Challenged Before Supreme Court
    Constitutionality of Consumer Bureau Challenged Before Supreme Court
    The Consumer Financial Protection Bureau (CFPB), created in the wake of the 2008 financial crash, is unconstitutional because ...
    March 3, 2020BY Matthew Vadum
  • Senators Introduce Bill to End Lavish Pay of Employees at Consumer Financial Protection Bureau
    Senators Introduce Bill to End Lavish Pay of Employees at Consumer Financial Protection Bureau
    WASHINGTON—Senate Budget Committee Chairman Mike Enzi (R-Wyo.) and four Republican colleagues say it’s time to “rein-in” the “lavish” ...
    March 3, 2020BY Mark Tapscott
  • Supreme Court Legal Fights to Watch in 2020
    Supreme Court Legal Fights to Watch in 2020
    As the U.S. Supreme Court enters into the new year, the justices are preparing to confront a series ...
    January 7, 2020BY Janita Kan
  • President Seeks Power to Fire Head of Consumer Bureau at Will
    President Seeks Power to Fire Head of Consumer Bureau at Will
    News Analysis WASHINGTON—The Trump administration told the Supreme Court in a new filing that a rule that the ...
    September 19, 2019BY Matthew Vadum
  • Trump Wants to Dismantle Consumer Watchdog CFPB | Financial News
    Trump Wants to Dismantle Consumer Watchdog CFPB | Financial News
    President Trump called it a "total disaster." Now he wants to bring this independent, highly effective regulator created ...
    September 18, 2019BY Chris Chappell
  • Wells Fargo Gives Outgoing Exec $124 Million—Despite Fraud Scheme
    Wells Fargo Gives Outgoing Exec $124 Million—Despite Fraud Scheme
    Employees under Tolstedt achieved the record numbers by secretly forcing products on customers.
    September 15, 2016BY Petr Svab
  • College Chain Faces Mounting Troubles
    College Chain Faces Mounting Troubles
    ITT Technical Institute, a for-profit college with campuses across the United States, is accused of misleading its students ...
    August 10, 2016BY Emel Akan
  • 42.9 Million Americans Have Unpaid Medical Bills
    42.9 Million Americans Have Unpaid Medical Bills
    WASHINGTON—Nearly 20 percent of U.S. consumers with credit records — 42.9 million people — have unpaid medical debts, ...
    December 11, 2014BY Josh Boak
TOP NEWS
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    NEW By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    NEW By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    1hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    2hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Reaches Nuclear Deal With Saudi Arabia
    2hr By Emel Akan
    US Reaches Nuclear Deal With Saudi Arabia
  • House Passes Defense Policy Bill That Attaches SAVE America Act
    2hr By Jackson Richman
    House Passes Defense Policy Bill That Attaches SAVE America Act
  • Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
    2hr By Jack Phillips
    Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
  • US, Ukraine Sign Agreement for Drone Testing
    3hr By Jill McLaughlin
    US, Ukraine Sign Agreement for Drone Testing
  • White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
    3hr By Jack Phillips
    White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
  • Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
    4hr By Frank Fang
    Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
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