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What Is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.
What the Future May Hold for the Consumer Financial Protection Bureau's Open Banking Rule
Will the Consumer Financial Protection Bureau’s (CFPB) recently promulgated open banking rule survive under the new Congress and incoming
Equifax hit with $15 million penalty from U.S. Consumer Financial Protection Bureau
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes. The Consumer Financial Protection Bureau issued a consent order on Friday against the Atlanta-based consumer reporting agency,
JD Supra
1h
CFPB Proposes Interpretive Rule on Emerging Payment Mechanisms Under EFTA
On January 2, 2025, the Consumer Financial Protection Bureau (CFPB) proposed an interpretive rule under the Electronic Fund Transfer Act (EFTA) ...
American Banker
20h
Trump's day one: fire Chopra, reset CFPB, elevate crypto
A one-page outline of priorities for Trump's inauguration day obtained American Banker includes financial policy items, ...
nationalmortgageprofessional.com
8h
Equifax Paying $15 Million For Consumer Dispute Failures
For the “failure to conduct proper investigations of consumer disputes,” the Consumer Financial Protection Bureau (CFPB) last ...
3d
on MSN
CFPB fines Equifax $15 million over errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...
3d
on MSN
Biden's CFPB Goes Down Swinging In Blitz Of Rules. But How Many Will Survive Trump?
The consumer watchdog agency is closing out President Joe Biden's term with guns blazing, issuing new rules and regulations at a furious pace. However, many of them could be reversed by the incoming ...
Hoodline
15h
Block's Cash App Ordered to Pay $175 Million by CFPB Over Fraudulent Transaction Handling
Cash App's parent company Block must pay up to $175 million after a CFPB crackdown on fraudulent transaction handling.
2d
on MSN
America's top consumer watchdog faces uncertain future as some Trump allies call to 'delete' the CFPB
When Elon Musk declared in November that it was time to “delete” the Consumer Financial Protection Bureau, he threw a bright ...
4d
US CFPB fines Cash App-parent Block over insufficient fraud protection
The Consumer Financial Protection Bureau on Thursday ordered payments firm Block to pay a penalty, citing fraud and weak ...
Hoodline
1d
CFPB Cracks Down on Draper & Kramer for Alleged Discriminatory Lending in Chicago and Boston
CFPB acts against Draper & Kramer Mortgage for alleged discriminatory lending, facing a potential ban and $1.5M penalty.
3d
CFPB fines Equifax $15 million for errors on credit reports
The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit ...
JD Supra
8h
CFPB Sues Consumer Reporting Agency Regarding Investigations of Consumer Disputes
On January 7, 2025, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against a nationwide consumer reporting ...
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