What Credit Card Protections Could We Lose if the CFPB Closes?
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
Medical debt rule's fate uncertain amid CFPB regulatory limbo | Dollars & Sense
The fate of the Consumer Financial Protection Bureau's new rules to exclude medical debt from credit reports is uncertain, ...
Judge Wants Proof CFPB 'Hasn’t Been Choked Out of Existence' (1)
A top Consumer Financial Protection Bureau official was ordered to testify in court about the Trump administration’s plans to ...
GOP Lawmakers Target EPA, DOE, CFPB Rules Under Congressional Review Act
Republican lawmakers have introduced at least 61 resolutions of regulatory disapproval this year, approaching the 77 they ...
Winston-Salem Journal29d
A new CFPB rule would keep medical debt off credit reports. The Trump administration asks judge to pause rule
“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.
JD Supra10d
Banking and business groups ask district court to vacate CFPB’s Credit Card Late Fees Rule
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 ...
American Banker8d
Judge allows consumer groups to defend CFPB overdraft rule
Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit ...
ConsumerAffairs12d
Lawmakers move to overturn CFPB’s overdraft rule
Republican lawmakers have introduced resolutions to nullify the Consumer Financial Protection Bureau (CFPB)’s overdraft rule, ...
Reason22d
How the CFPB's Medical Debt Rule Could Backfire
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 ...
Banking Dive7d
Consumer groups to defend Biden-era CFPB overdraft rule
The overdraft rule issued by the CFPB under previous Director Rohit Chopra, capping fees at $5, may be abandoned in the wake ...
American Banker22d
Judge sides with CFPB in upholding small business rule
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 ...