Trump's decision to stop work at the agency appears to have halted compensation, according to the Student Borrower Protection Center in Washington.
The CFPB dropped a series of lawsuits at the end of February as the Trump administration continues to muzzle the federal ...
Since it started to hire technologists in 2022, the CFPB has issued several multi-million dollar payment orders against financial technology companies including Wise, formerly TransferWise ...
The Trump administration's decision to put the U.S. Consumer Financial Protection Bureau on ice has left a $100 million pot ...
Just last month, the CFPB had accused Capital One of failing to pay more than $2 billion in interest to customers by misleading them into thinking they would be getting higher rates. Capital One ...
The article below was originally published Feb. 20, after newly installed CFPB leaders halted the agency’s work. The latest updates on changes to the CFPB under the Trump administration can be ...
“The predicate to running a ‘more streamlined and efficient bureau’ is that there will continue to be a CFPB,” consumer bureau Acting Director Russ Vought said in a motion filed late ...
As a watchdog agency, the Consumer Financial Protection Bureau, or CFPB, is tasked with protecting consumers from financial fraud and shady lending practices. Musk has criticized the agency ...
One agency the president wants to expunge is the Consumer Financial Protection Bureau, the CFPB – created to shield Americans from financial fraud and shady lending practices. A DOGE team was ...
Twenty-three attorneys general from across the country are warning that President Donald Trump’s efforts to defund and disband the Consumer Financial Protection Bureau (CFPB) would “significantly harm ...
The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...
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