The Consumer Financial Protection Bureau released recommendations on how states can beef up enforcement after the Trump ...

Following months of public hearings and reports on credit card rewards programs, on December 18, 2024, the Consumer Financial Protection Bureau ...

If a merchant drops out of such a rewards program, the CFPB said, that could result in a UDAAP if the program operator does not take “reasonable measures to generally maintain the value of the ...

Greg Baer, president and CEO of the Bank Policy Institute, said the CFPB was stretching its authority by claiming UDAAP violations that have no basis in the statute. "The CFPB's 11th-hour announcement ...

UPDATE: This article includes additional comments from JPMorgan Chase and the Bank Policy Institute. The Consumer Financial Protection Bureau sued Zelle and three of the largest banks — Bank of ...