CFPB

Trump Team Struggles to Find Financial Regulatory Leaders
Trump Team Struggles to Find Financial Regulatory Leaders
December 15, 2024  |  Regulation

The upcoming Trump administration is reportedly struggling to find people to head America’s financial watchdogs. Get the Full Story Complete the form to unlock this...

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CFPB: High Interest Rates Drove ‘Significant Decline’ in Mortgage Lending in 2023
CFPB: High Interest Rates Drove ‘Significant Decline’ in Mortgage Lending in 2023
December 13, 2024  |  CFPB

Residential mortgage lending activities showed a “significant decline” in 2023, the Consumer Financial Protection Bureau said Friday (Dec. 13). Get the Full Story Complete the...

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Report: Trump Transition Team Members Consider Restructuring Bank Regulatory Agencies
Report: Trump Transition Team Members Consider Restructuring Bank Regulatory Agencies
December 12, 2024  |  Bank Regulation

Members of President-elect Donald Trump’s transition team reportedly are considering making changes to some bank regulatory agencies by shrinking, consolidating or eliminating them. Get the...

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Trade Associations Sue to Block CFPB Overdraft Rule
Trade Associations Sue to Block CFPB Overdraft Rule
December 12, 2024  |  CFPB

Four trade associations and three banks are pursuing legal action against the Consumer Financial Protection Bureau’s (CFPB) final rule on overdraft services, which was released...

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Indian Health Service Cautions Vendors About Improper Medical Bills
Indian Health Service Cautions Vendors About Improper Medical Bills
December 12, 2024  |  Healthcare Financing

The Indian Health Service (IHS) and the Consumer Financial Protection Bureau (CFPB) have written a joint letter addressing improper bills and collection on improper bills targeting IHS-approved Purchased/Referred...

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CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
December 12, 2024  |  Consumer Finance

The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. Get the Full Story Complete the form...

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CFPB Unveils Overdraft Fee Regulations for Large Banks and Credit Unions
CFPB Unveils Overdraft Fee Regulations for Large Banks and Credit Unions
December 12, 2024  |  CFPB

Nearly a week after a federal judge blocked a cap on “junk fees,” the Consumer Financial Protection Bureau is overhauling overdraft fee regulations for large...

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Court Ruling Will Reignite Debate Over Credit Card Late Fees
Court Ruling Will Reignite Debate Over Credit Card Late Fees
December 10, 2024  |  Credit Cards

Late last week, a federal judge upheld an order blocking a cap on credit card late fees, as PYMNTS reported. But the debate over the...

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Consumer Bankers Association Aims to Reverse CFPB’s ‘Radical Pendulum Shift’
Consumer Bankers Association Aims to Reverse CFPB’s ‘Radical Pendulum Shift’
December 09, 2024  |  CFPB

The Consumer Bankers Association (CBA) said Monday (Dec. 9) that the incoming Trump administration and new Congress present opportunities to reverse the Consumer Financial Protection...

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