That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided in both mission and execution that it does not deserve mere reform—it should be abolished outright.
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In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...
Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022, the ...
The Consumer Financial Protection Bureau (CFPB) issued guidance on the eve of the transition to a new administration that serves as a roadmap for state governments—especially attorneys general ...
If those methods fail, consider filing your complaint with the CFPB. The Importance of Submitting Complaints The CFPB states that its purpose in collecting and managing consumers’ complaints ...
On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 per incident, down from an industry average of $32. It is expected to ...
Buy Now, Pay Later (BNPL) programs have, for some time, been a popular method of making purchases ... as the U.S. Consumer Financial Protection Bureau (CFPB) published an interpretive rule ...
Plane With 64 Aboard Crashes Near Washington After Colliding With Helicopter An American Airlines flight from Wichita, Kan., plunged into the Potomac River near Reagan National Airport after the ...
The Senate confirms Lee Zeldin to lead the E.P.A. The Justice Dept. seeks to have criminal charges dismissed against a former Republican representative. Trump signs Laken Riley Act, a law to make ...