Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
The fate of the Consumer Financial Protection Bureau's new rules to exclude medical debt from credit reports is uncertain, ...
A top Consumer Financial Protection Bureau official was ordered to testify in court about the Trump administration’s plans to ...
Republican lawmakers have introduced at least 61 resolutions of regulatory disapproval this year, approaching the 77 they ...
“The CFPB’s final rule will close a special carveout that has allowed debt collectors to abuse the credit reporting system to coerce people into paying medical bills they may not even owe.
In their motion, the plaintiffs argued the CFPB exceeded its authority under the CARD Act, TILA, APA and the Constitution by implementing the final rule. Specifically, plaintiffs asserted that ...
Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit ...
Republican lawmakers have introduced resolutions to nullify the Consumer Financial Protection Bureau (CFPB)’s overdraft rule, ...
Despite previous lessons, the CFPB issued the medical debt rule in the final days of the Biden-Harris administration. Instead of heeding Trump's executive order to freeze and review the pending ...
The CFPB's final rule is not arbitrary and capricious and the bureau conducted an appropriate cost-benefit analysis, he found. The report and recommendation comes a week after a three-judge panel of ...
The overdraft rule issued by the CFPB under previous Director Rohit Chopra, capping fees at $5, may be abandoned in the wake ...
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