'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...
JD Supra7d
CFPB Bites of the Month - 2024 Annual Review - Mortgage
In this article, we share a timeline of our monthly "bites" for 2024 applicable to the mortgage industry. There was also a flurry of ...
NBC New York4d
What's at stake for consumers as Trump officials target the CFPB
One CFPB staffer said Monday that every meeting and work item on their calendar, including reviewing investigative actions, had been deleted. “I think at some point, the machinery is going to ...
The Washington Post4d
White House targets CFPB as union sues over work stoppage
The Biden-era regulations aimed to spare low-income Americans from debilitating fees, but bank lobbyists have sued to stop them from taking effect, arguing the CFPB had no authority to issue them.
Forbes5d
CFPB’s Funding Gets Cut Off After Russell Vought Takes Over Consumer Protection Agency
The move came after CFPB’s X account ... new regulations to address predatory lending and credit card and banking fees. “Vought is giving big banks and giant corporations the green light ...
Roll Call12d
Chopra’s CFPB exit comes as lawmakers mull changes to its structure
Warren commended the CFPB for “protecting Americans from junk fees, medical debt, and predatory lending,” and cautioned the Trump administration not to weaken it. Senate Minority Leader Charles E.