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 ...
As a Republican member of Congress, Mulvaney had previously called the CFPB “a joke… in a sick, sad kind of way.” So it was a bit like déjà vu when Elon Musk, Trump’s new presidential ...
The CFPB said that Vanderbilt Mortgage & Finance, which is owned by Berkshire Hathaway, trapped "people in risky loans." The CFPB alleged in Monday's lawsuit that Vanderbilt Mortgage & Finance's ...
To help consumers, the CFPB launched the Explore Credit Cards tool using open data so people can more easily make apples-to-apples comparisons about their credit card options. The tool provides ...
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 ...