Consumers need the CFPB. Remember the Great Recession?
The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.
Why this fired CFPB employee worries for consumers if agency shuttered
Nick Hand, who is among dozens of fired CFPB workers, worries that if it stays that way, scammers and price gougers will gain ...
The CFPB drops its enforcement lawsuits against Capital One, Rocket Homes and more
The Consumer Finance Protection Bureau has dropped several enforcement actions against companies like Capital One and Rocket ...
CFPB Data Imperiled by Cybersecurity Contract Cancellation, Ex-Official Says
The cancellation of nearly three-dozen cybersecurity contracts at the US Consumer Financial Protection Bureau endangers the ...
CFPB drops Capital One lawsuit and other cases launched under Biden
The consumer watchdog has dropped one of its last cases launched before the current Trump administration, which has been ...
Thousands of consumer complaints unanswered after Trump CFPB purge, Dems say
Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from ...
CFPB drops slew of cases including against Capital One for allegedly cheating customers
The dismissals occurred while Trump’s nominee to head the CFPB, Jonathan McKernan, was on Capitol Hill testifying before the Senate in a confirmation hearing.
ConsumerAffairs1d
Lawmakers move to overturn CFPB’s overdraft rule
Republican lawmakers have introduced resolutions to nullify the Consumer Financial Protection Bureau (CFPB)’s overdraft rule, ...
200-plus Democratic lawmakers backing lawsuit seeking to block CFPB dismantling
More than 200 Democratic lawmakers in the House are submitting an amicus brief to back a lawsuit that aims to prevent the ...
NY joins over 20 other states to argue against shuttering CFPB
"Working families need the CFPB, especially as rising prices are making it hard to make ends meet and put food on the table." ...
ConsumerAffairs1d
States must step up as fate of consumer watchdog CFPB remains in doubt
The future of the Consumer Financial Protection Bureau, the independent agency charged with for enhancing consumer ...
American Banker1d
CFPB's union says the bureau is being illegally dismantled
The union representing Consumer Financial Protection Bureau employees said in a court filing that the Trump administration's ...