CFPB

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...

CFPB
Reports: CFPB Laying Off 90% of Staff
April 17, 2025

The Consumer Financial Protection Bureau (CFPB) is reportedly in the process of laying off 1,500 employees, which will reduce the agency’s staff to 200. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

CFPB
CFPB Reportedly Planning Dramatic Enforcement Rollback 
April 17, 2025

America’s chief consumer finance watchdog is reportedly scaling back enforcement of financial services companies. 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 Drops Lawsuit Against Comerica Bank Over Federal Benefits Program
April 11, 2025

The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor service to the recipients of benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
CFPB Ends Enforcement of Registry of Consumer Law-Breaking Nonbank Financial Companies
April 11, 2025

The Consumer Financial Protection Bureau (CFPB) said Friday (April 11) that it will not prioritize enforcement of a regulation requiring 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...

CFPB
CFPB’s Overdraft Rule Set to Be Repealed After House Vote
April 09, 2025

The Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees is set to be repealed after the House of Representatives voted Wednesday (April 9) to disapprove it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
House Votes to Repeal CFPB Rule Covering Consumer Payment Apps
April 09, 2025

The House of Representatives passed a Congressional Review Act resolution Wednesday (April 9), overturning the Consumer Financial Protection Bureau’s (CFPB) rule, “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications.” Get the Full Story Complete the form to unlock this article and...