CFPB

CFPB
Report: Fed’s Inspector General to Review Legality of CFPB Cuts
June 12, 2025

The Federal Reserve’s inspector general is reportedly reviewing the Trump administration’s efforts to dismantle the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

CFPB
CFPB Enforcement Director Quits Saying Agency ‘Under Attack’
June 11, 2025

Cara Petersen, acting enforcement director of the Consumer Financial Protection Bureau, resigned from her post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

CFPB
CFPB Funding Sits in Crosshairs of Senate Committee’s Additions to ‘Big Beautiful Bill’
June 09, 2025

A so-called megabill grabbing headlines and making its way through Congress is on track to further alter the Consumer Financial Protection Bureau, an agency already in flux during the first few months of the President Donald Trump administration. Get the Full Story Complete the form...

CFPB
Timeline: Administration Efforts to Dismantle the CFPB
May 27, 2025

The Consumer Financial Protection Bureau (CFPB) has faced an unprecedented period of upheaval since the transition from the Biden to the Trump administration in January 2025, culminating with Friday’s move to rescind Rule 1033. Below is a detailed timeline highlighting the key events, regulatory rollbacks,...

CFPB
Federal Judges Weigh Future of CFPB Following White House Appeal
May 18, 2025

Federal judges are weighing a government appeal that could decide the fate of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

CFPB
CFPB Aims to Rescind Regulation Requiring Registry of Consumer Law-Breaking Nonbank Financial Companies
May 13, 2025

The Consumer Financial Protection Bureau (CFPB) is proposing to rescind the “NBR Rule” it adopted last summer that established a registry of nonbank financial companies that have broken consumer laws and are subject to federal, state or local government or court orders. Get the Full Story Complete...

CFPB
CFPB Open Banking Review Could Place Banks and FinTechs at Odds
May 13, 2025

The Consumer Financial Protection Bureau (CFPB) is preparing to review its open banking rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

CFPB
CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
May 08, 2025

The Consumer Financial Protection Bureau (CFPB) has abruptly abandoned its effort to supervise Google Payment, unraveling a marquee Biden-era bid to extend the agency’s reach into Silicon Valley and lifting a potential compliance burden from parent company Alphabet. The policy U-turn surfaced in a Wednesday...

CFPB
CFPB Reportedly Reworking Biden-Era Open Banking Rule
May 06, 2025

The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...