News

At least one political appointee at the Consumer Financial Protection Bureau is raising concerns about fees JPMorgan Chase & ...
The Consumer Financial Protection Bureau, the consumer watchdog agency designed by Sen. Elizabeth Warren (D-MA) that has been ...
A federal judge in Texas reversed a Biden-era finalized rule by CFPB that would have removed medical debt from credit reports ...
Advocates that pressed for the creation of the CFPB in the wake of the 2008 financial crisis designed its funding mechanism to insulate the agency from political pressure and provide it with a ...
Banks and their lobbyists must put appropriate pressure on the Trump administration to avoid any further gutting of the CFPB — for their own sake. A robust consumer protection regime ensures that ...
A case due to come before the U.S. Supreme Court next week has the potential to expose every federal bank regulator to political inference while also jeopardizing Social Security and Medicare, the ...
High Noon for the CFPB at the Supreme Court The Justices have a chance to tell Congress it can’t shirk its duty by creating regulators insulated from political accountability. By ...
Diane Thompson once warned about “the damage that political interference with the norms of evidence-based rulemaking does to our democracy.” Now, after politically advocating against the ...
President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers allegedly ...
Each year the CFPB director simply requests funding from the Fed, which must transfer the money as long as it doesn’t exceed 12% of the central bank’s operating expenses.