CFPB

Capitol Hill Hearing Pushes for ‘Rational’ Community Banking Regulation
Capitol Hill Hearing Pushes for ‘Rational’ Community Banking Regulation
February 05, 2025  |  Bank Regulation

Beware the dangers of regulatory “overreach” and a one-size-fits-all approach to community banking oversight, several industry participants testified at a Capitol Hill hearing Wednesday (Feb....

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Treasury Secretary Scott Bessent Takes Over as CFPB Acting Director
Treasury Secretary Scott Bessent Takes Over as CFPB Acting Director
February 03, 2025  |  CFPB

The Consumer Financial Protection Bureau announced Monday (Feb. 3) that President Donald Trump designated Treasury Secretary Scott Bessent as the CFPB’s acting director Friday (Jan....

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Does Trump 1.0 Give Clues to the CFPB’s Fate During Trump 2.0?
Does Trump 1.0 Give Clues to the CFPB’s Fate During Trump 2.0?
February 03, 2025  |  CFPB

At the Consumer Financial Protection Bureau, a sizable shoe has dropped. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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CFPB Director Chopra Fired by Trump
CFPB Director Chopra Fired by Trump
February 02, 2025  |  CFPB

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra was fired by President Donald Trump on Saturday (Feb. 1) morning. Get the Full Story Complete the...

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Government Exit Packages and Defunding May Mute Financial Regulators
Government Exit Packages and Defunding May Mute Financial Regulators
January 31, 2025  |  Politics

The shakeup on Capitol Hill — still ongoing, as the Trump administration settles in for its second round, as the new Congress has been seated...

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Wise to Settle CFPB Allegations of Issues Around Advertisements and Disclosures
Wise to Settle CFPB Allegations of Issues Around Advertisements and Disclosures
January 30, 2025  |  CFPB

International remittance company Wise and the Consumer Financial Protection Bureau (CFPB) reached an agreement to settle the regulator’s allegations that the company advertised inaccurate fees and failed...

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CFPB Warns Consumers of Rising Number of Credit Reporting Firms
CFPB Warns Consumers of Rising Number of Credit Reporting Firms
January 30, 2025  |  CFPB

The CFPB has published its annual list of companies that collect and sell consumer data. Get the Full Story Complete the form to unlock this...

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CFPB Finds Servicemembers Pay More Than Civilians for Auto Loans
CFPB Finds Servicemembers Pay More Than Civilians for Auto Loans
January 29, 2025  |  Consumer Finance

The Consumer Financial Protection Bureau (CFPB) said Wednesday (Jan. 29) that it will continue to protect servicemembers’ financial interests after finding that servicemembers pay more...

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CFPB Terminates 2022 Consent Order Against Wells Fargo
CFPB Terminates 2022 Consent Order Against Wells Fargo
January 28, 2025  |  Bank Regulation

Wells Fargo has announced the termination of its 2022 consent order with the Consumer Financial Protection Bureau (CFPB) related to automobile lending, consumer deposit accounts...

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