With the 2024 election behind us and the 119th Congress now in session, the political climate has created an opportunity for meaningful ...
In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from ...
The halt means the Consumer Financial Protection Bureau will cease crafting regulations or enforcing any rules or ...
A discussion of Federal Trade Commission (FTC) and state regulation of negative option plans, including continuity plans, ...
On Monday, after a small Chinese startup threatened notions of U.S. supremacy in artificial intelligence technology, ...
“Cash App created the conditions for fraud to proliferate on its popular payment platform,” said CFPB Director Rohit ... who never received the refunds they deserved, didn't have their ...
Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps and digital wallets like banks. In a lawsuit filed in federal court in ...
"When things went wrong, Cash App flouted its responsibilities and even burdened local banks with problems that the company caused," said CFPB Director Rohit Chopra. In response, Block said the ...
The trade groups also said the CFPB identified no consumer risks or gaps in regulatory oversight that justified the rule, which covers companies ... and account closures they enjoy at banks.
FILE - Consumer Financial Protection Bureau Director Rohit Chopra (Anna Moneymaker/Getty Images/File) "Banks should not be baiting people with promises they can't live up to," CFPB Director Rohit ...
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