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A new proposal from the Senate Banking Committee for the massive budget bill to eliminate this source of funding for the ...
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Axios on MSNScoop: Warren will try to restore CFPB funding in GOP billSen. Elizabeth Warren (D-Mass.) will attempt to strip deep cuts to the Consumer Financial Protection Bureau from the GOP's ...
Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency ...
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The Fulcrum on MSNHow the Trump Administration Is Weakening the Enforcement of Fair Housing LawsKennell Staten saw Walker Courts as his best path out of homelessness, he said. The complex had some of the only subsidized apartments he knew of in his adopted hometown of Jonesboro, Arkansas, so he ...
Recruiters say law firms that once defended clients against CFPB actions are seeing a steep drop in demand. “Enforcement is dormant completely,” said Stephen Springer of legal firm Major ...
The Consumer Financial Protection Bureau plans to rescind a number of Biden-era proposals in its latest regulatory retreat, including one ... Many of Vought’s moves highlight the CFPB’s stated goal of ...
The CFPB has walked back its oversight of BNPL, saying in March in a court filing that it intended to revoke its interpretive rule promulgated under former Director Rohit Chopra. The Bureau also said ...
The CFPB now says its enforcement and supervision actions will focus on “pressing threats to consumers, particularly servicemen and veterans. The Bureau takes this step in the interest of focusing ...
Trump's CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections
The CFPB said in a notice on Tuesday that it will not prioritize enforcement of a rule, established during Joe Biden's presidency, that classified BNPL providers as credit card issuers subject to ...
Trump's CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections
For the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled back from enforcing a key rule, this time targeting buy now, pay later services. The CFPB said ...
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 ...
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