CFPB

CFPB
CFPB Presses to Rewrite Open Banking Rule
August 21, 2025

The Consumer Financial Protection Bureau is seeking comments that will inform its implementation of the open banking rule, Rule 1033. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

CFPB
CFPB Can Resume Firing Employees
August 15, 2025

A federal appeals court ruled Friday (Aug. 15) that a lower court lacked the jurisdiction to temporarily block President Donald Trump’s firings of employees at the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
Banks Challenge Open Banking Deadlines as CFPB Mulls Revisions
August 14, 2025

Even as the Consumer Financial Protection Bureau signals its intent to overhaul its sweeping open banking rule, U.S. banks say they risk spending millions of dollars as soon as next year to comply with a regulation the agency itself has declared unlawful and ripe for...

CFPB
Update: CFPB Opens Comments on Nonbank Regulation
August 11, 2025

The Consumer Financial Protection Bureau (CFPB) has started the ball rolling on a process that would conceivably roll back supervision in key sectors of payments and lending — to the point where only the largest players would fall under the oversight of the agency. Get...

CFPB
CFPB Tells Court It Will Rewrite Rule 1033
July 29, 2025

The Consumer Financial Protection Bureau (CFPB) asked a judge Tuesday (July 29) to stay a lawsuit challenging the open banking rule implemented last year by the Bureau’s previous leadership under the Biden administration. Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
CFPB Cancels $95 Million Settlement With Navy Federal CU
July 02, 2025

America’s consumer watchdog has cancelled a $95 million fine against the country’s largest credit union. 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 Cuts Get OK From Senate Parliamentarian
June 29, 2025

The future of the Consumer Financial Protection Bureau’s (CFPB) funding is once again uncertain. 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 Moves to Keep Synapse Case Alive for Consumer Relief
June 23, 2025

Reports of the Consumer Financial Protection Bureau’s death have been exaggerated. 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 completing...

CFPB
Is CFPB’s Enforcement Pull-Back a ‘Gift to Predatory Lenders’?
June 22, 2025

In 2023, state and federal consumer watchdogs sued subprime auto group Credit Acceptance. 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....