The very people the CFPB is supposed to protect would be the victims here. If the service is harmful to customers, then why ...
The Consumer Financial Protection Bureau (CFPB) is a federal agency that, up until a few weeks ago, policed some of the ...
Large banks and payment players might enjoy lighter regulation if the CFPB disappears, but should be careful what they wish for, says David Silberman, a former senior administrator for the bureau.
A key federal watchdog is being stripped of its power to oversee potential fraud and abuse in online payment platforms just ...
Over the past four years, the Consumer Financial Protection Bureau has sought to strengthen state and local governments’ enforcement of ...
MAGA and DOGE supporters often point out that the world's richest man, Elon Musk, is working as a "special government employee" with President Trump "for free" -- since he does not receive a salary.
The overdraft rule issued by the CFPB under previous Director Rohit Chopra, capping fees at $5, may be abandoned in the wake ...
The nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau moves to the full Senate, where he's likely to be confirmed along party lines.
For now, the Senate action is likely to encourage major developers of payment apps, observers say. “For fintechs, it is a ...
The CFPB has dropped a lawsuit accusing Zelle and its bank backers of failing to clamp down on fraud. It's Trump ...
About 31 million Americans borrowed money to pay for health care last year, accumulating $74 billion in medical debt, West ...
The Consumer Financial Protection Bureau has dropped its lawsuit over peer-to-peer payment system Zelle, the latest in a ...