On November 21, the CFPB announced changes to how its Supervision Division will conduct examinations, including a new “Humility Pledge” that examiners must read to supervised entities at the start of ...
Consumer advocates led by Rise Economy have sued the Consumer Financial Protection Bureau for the second time for failing to implement the small-business data collection rule mandated by Congress 15 ...
Perhaps compliance departments at auto lenders and other companies involved in financial services had something extra to be thankful for last week. Just ahead of Thanksgiving, the Consumer Financial ...
Earlier this year, President Trump issued Executive Order 14281 (the “Executive Order”) directing a review of existing federal regulations and guidance documents that impose disparate impact liability ...
In a recent court filing, OMB Director Russell Vought contends that the Bureau is legally barred from drawing funds from the Federal Reserve, the mechanism through which it has traditionally been ...
Russell Vought’s dismantling of the Consumer Financial Protection Bureau is putting the public at risk in areas ranging from auto loans and digital payments to credit cards and credit reports. Two ...
The Department of Justice told a court that the Consumer Financial Protection Bureau cannot legally request funding from the Federal Reserve System because the central bank technically has no profits.
A court upheld an injunction Tuesday requiring the Trump administration to continue funding payments to the employees of the Consumer Financial Protection Bureau (CFPB). The ruling states that the ...
Republican lawmakers at yesterday’s House Committee on Financial Services hearing called for a coordinated national response to the epidemic of fraud sweeping America while simultaneously supporting ...
American workers pay into Social Security through tax withholdings from their paychecks. As the Consumer Financial Protection Bureau (CFPB) explained, the withholdings are listed as FICA (Federal ...
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