The fate of a Biden-era rule that would keep medical debt from consumers’ credit reports is up in the air amid reported ...
In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from ...
Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, executives said.
The union representing Consumer Financial Protection Bureau employees says that a deferred resignation proposal from the ...
Globally, BNPL has reshaped consumer finance, particularly among millennials and Gen Z who are wary of traditional banking. The industry was valued at $231.51 billion in 2024 and is projected to reach ...
President Donald Trump has dismissed Rohit Chopra as director of the Consumer Financial Protection Bureau (CFPB) in his latest purge of officials appointed under the Biden administration.  Chopra ...
In this article, we share a timeline of our monthly "bites" for 2024 applicable to the credit card industry. The year saw the CFPB give a fair ...
With minimal protections in place, consumers already struggling in debt, face further potential financial hardship due to the ...
On January 15, the CFPB issued an advisory opinion rescinding its 2020 advisory opinion on earned wage access (EWA) products. As previously covered ...
President Trump this week ordered a rollback of burdensome Biden regulations and signaled employee ... The Dodd-Frank Act gives the CFPB director a five-year term, which ends in October 2026 ...
The CFPB has not been shy about its feelings about credit card companies. Last year, a new regulation capped most credit card late fees at $8. The CFPB also announced it was cracking down on ...
Consumer Financial Protection Bureau Director Rohit Chopra joins 'Squawk Box' to discuss why he continues to be employed at the CFPB, scrutinizing the business practices of big banks, the future ...