CFPB News & Analysis
CFPB News & Analysis
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The Consumer Financial Protection Bureau ended special regulatory treatment of the financial services company’s earned wage access products. Payactiv says it requested the action after a disagreement with the agency.
July 1 -
In a new interpretative rule filed Tuesday, the agency gave states a green light to expand on federal laws that protect consumers from unfair treatment by credit reporting agencies.
June 29 -
Rohit Chopra, the director of the Consumer Financial Protection Bureau, is laying the groundwork to potentially declare that Facebook and another Big Tech firms pose risks to consumers.
June 28 -
The Consumer Financial Protection Bureau’s unified agenda was quietly released this week, and it shows that rules on consumer access to financial records and small-business data collection are top priorities.
June 24 -
The Consumer Financial Protection Bureau issued a proposal that could ultimately lead to tougher limits on what banks and other issuers charge cardholders for late payments.
June 22 -
Without a rule standardizing data sharing standards, the Consumer Financial Protection Bureau risks the creation of a patchwork system of privacy standards as consumers seek the benefits of an open banking ecosystem.
June 20 -
The Consumer Financial Protection Bureau sent a mass email to thousands of the bank's customers and former employees to gather information about the possible creation of phony accounts. Critics — including a federal judge — say the CFPB asked leading questions and may have overstepped its bounds.
June 14 -
The agency’s proposed data collection and reporting requirements would disproportionately burden community banks, which lead the nation in small-business lending.
June 13 - AB - Policy & Regulation
On the issue of large regional mergers, former FDIC heads Sheila Bair and Thomas Hoenig said that presuming banks with more than $100 billion of assets are systemically important is “regulatory overreach.”
June 1 -
The Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau are taking steps to crack down on cryptocurrency and other fintech companies that improperly suggest their products have deposit insurance.
May 17