CFPB

CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits

CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits
CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits
December 19, 2023  |  CFPB

America’s consumer watchdog said U.S. Bank wrongly kept workers from unemployment benefits during the pandemic. Get the Full Story Complete the form to unlock this...

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CFPB: Student Banking Products Have Unusually High Fees
CFPB: Student Banking Products Have Unusually High Fees
December 19, 2023  |  CFPB

American college students’ first bank accounts might end up being their worst bank accounts. Get the Full Story Complete the form to unlock this article...

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CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
December 18, 2023  |  Legal & Regulation

Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director...

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Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
December 07, 2023  |  BNPL

Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. Get the Full Story Complete...

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CFPB Finds Atlantic Union Bank Misled Customers About Fees
CFPB Finds Atlantic Union Bank Misled Customers About Fees
December 07, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ordered Atlantic Union Bank to pay $6.2 million, saying the bank misled customers and improperly enrolled them into...

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U.S. Rep. Roger Williams Says CFPB Lending Rule ‘Anti-Small Business’
U.S. Rep. Roger Williams Says CFPB Lending Rule ‘Anti-Small Business’
December 01, 2023  |  SMBs

Republicans aim to overturn the Consumer Financial Protection Bureau’s (CFPB) 1071 Small Business Lending Rule, saying the rule is overly burdensome for small businesses and...

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CFPB Handles 20,000 Consumer Complaints Per Week
CFPB Handles 20,000 Consumer Complaints Per Week
November 30, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sends 20,000 complaints to companies for responses every week. Get the Full Story Complete the form to unlock this...

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Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
November 29, 2023  |  Legal & Regulation

House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a...

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