News

Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency ...
Sen. Elizabeth Warren (D-Mass.) will attempt to strip deep cuts to the Consumer Financial Protection Bureau from the GOP's ...
The CFPB's retreat from active enforcement under the Trump administration marks a significant shift in the consumer financial protection landscape. While the Consumer Financial Protection Act ...
A new proposal from the Senate Banking Committee for the massive budget bill to eliminate this source of funding for the ...
The CFPB confirmed in a recent memo to staff ... While the document announces a return to core statutory enforcement and a retreat from expansive interpretations—it is not a full retreat from ...
The filing was made public on the same day that the CFPB said in a blog post that it would "not prioritize enforcement or supervision actions with regard to any penalties or fines associated with the ...
On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy ...
On April 16, the CFPB released an internal memo outlining major shifts in its supervision and enforcement priorities, signaling a retreat from several areas of regulatory activity. The next day ...
An internal Consumer Financial Protection Bureau memo outlining a significant retreat ... to be the next CFPB director, is confirmed. But regardless of McKernan's views on the enforcement goals ...
This past Thursday, the Consumer Financial Protection Bureau (CFPB) dismissed a significant lawsuit against Capital One and its parent company, Capital One Financial Corp, originally filed on ...
Others might be overturned outright or wither away because of weak enforcement. Mark Paoletta, the consumer watchdog’s chief legal officer, said in a memo that all CFPB enforcement and ...
The CFPB is tasked with creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of businesses and other institutions.