News

The Consumer Financial Protection Bureau plans to ask a federal judge in Kentucky to vacate a Biden-era rule allowing ...
Retail cards hit a record high average interest rate of 30.5% last year, according to a Bankrate survey, and rates have ...
In its latest about-turn under the Trump administration, the Consumer Financial Protection Bureau is preparing to reopen its ...
The announcement came as central bank governor Pan Gongsheng told a press conference that the central bank will roll out a ...
The CFPB's 2024 final rule on credit card late fees has been vacated as a result of the lawsuit filed by several banking industry trade ...
The CFPB will not make enforcement of its Buy Now, Pay Later rule a priority, according to a recent statement.
Dramatic changes at the Consumer Financial Protection Bureau keep surfacing, with the latest including the withdrawal of ...
Now, they're far more reluctant to reverse those steps, even after bank trade groups succeeded in killing the CFPB rule in federal ... were more than 160 million open retail card accounts last ...
"The companies have made a windfall," said David Silberman, a veteran banking attorney who lectures at Yale Law School. "They didn't think they needed this revenue before except for [the CFPB rule ...