CFPB News & Analysis
CFPB News & Analysis
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The company said the P2P payment service the bureau seeks to supervise presents no risk to consumers because it is no longer offered in the U.S.
December 9 -
The Consumer Financial Protection Bureau said that, although the Google Pay app has been discontinued, the bureau can make the determination based on past behavior, and that the tech giant could decide to reenter the person-to-person payment space.
December 6 -
The Dallas-based bank has a growing list of legal and regulatory issues — some of them connected to its role in a U.S. government benefits program, and others not.
December 6 -
The Consumer Financial Protection Bureau has asked a Texas court to halt Comerica Bank's practices.
December 6 -
The Consumer Financial Protection Bureau has long been a target for conservative ire, but dismantling it would require Congress' cooperation.
November 27 -
"Delete CFPB. There are too many duplicative regulatory agencies," Musk wrote in a post on X.
November 27 -
The Consumer Financial Protection Bureau has significantly raised the transaction threshold for its larger participant rule — which defines which firms will be affected — from 5 million annual payments to 50 million.
November 21 -
The fintech's Cash Out product charges the equivalent of 300% interest, the Attorney General alleged.
November 20 -
Banks solved the issue of consumer data sharing years ago. Why is the Consumer Financial Protection Bureau stepping in now, with a rule that could make sharing data less safe and secure?
November 20 -
Enforcement actions from the Consumer Financial Protection Bureau still fresh in the mind of financial leaders have renewed hopes that a second Trump administration will favorably alter the agency's future.
November 18 -
The bureau suggested this week that states should remove the exemptions banks enjoy from data privacy laws. California is a prime candidate to act.
November 15 -
The Dallas-based bank is accusing the Consumer Financial Protection Bureau of "pursuing an aggressive and overreaching investigation" into its role in a Treasury Department prepaid card program.
November 13 -
President-elect Donald Trump beat banker predictions to surpass Vice President Kamala Harris on his way back to the White House, leaving many surprised but hopeful for a relaxed regulatory environment.
November 12 -
By exempting small banks from compliance with its open banking rule, the Consumer Financial Protection Bureau is relegating them to the dustbin of history. That cannot be allowed to happen.
November 8 -
The Vienna, Virginia-based credit union will pay tens of millions of dollars in penalties over what the agency said was "junk fees" charged to Navy Federal's customers.
November 7 -
The Consumer Financial Protection Bureau will soon have to defend its interpretive buy now/pay later rule in court following an industry advocacy group lawsuit. Here's what's at stake.
November 4 -
It is nonsensical for the government to sue one of the leading lenders in an underserved minority community as a means of encouraging more lending in that community.
November 4 -
The company disclosed the potential for legal action 'in the near-term' by the bureau in a recent earnings disclosure.
November 1 -
The agency said VyStar customers took on fees and credit report demerits because they could not access banking functions for months following an attempted upgrade.
November 1 -
The regulatory scrutiny involves online savings accounts that allegedly deceived consumers into believing they were receiving high rates.
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