CFPB

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...

CFPB
Appeals Court Blocks CFPB Layoffs Pending Court Battle on Downsizing
April 29, 2025

An appeals court ruled Monday (April 28) afternoon in a 2-to-1 decision that the Consumer Financial Protection Bureau (CFPB) cannot proceed with its mass layoffs until a court battle over the agency’s downsizing is completed. Get the Full Story Complete the form to unlock this...

CFPB
Court Records Offer Glimpse Into Trump’s CFPB Firing Efforts
April 28, 2025

This week, a judge will hear testimony that could determine the future of the 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 newsletter,...

CFPB
CFPB Drops ‘Gouging’ Case Against Horizon Card Services
April 27, 2025

The CFPB has dropped its case against Pennsylvania-based company Horizon Card Services. 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 Today. By...

CFPB
Judge Puts Temporary Hold on CFPB Plan to Lay Off Most Employees
April 18, 2025

A federal judge reportedly blocked the Trump Administration’s plan to lay off 90% of the staff of the Consumer Financial Protection Bureau (CFPB) Friday (April 18) while she determines whether this plan violates her previous order. Get the Full Story Complete the form to unlock...