fair credit reporting act, CFPB and Medical Debt
Digest more
A federal judge has temporarily blocked the Trump administration’s plans to dismantle the Consumer Financial Protection Bureau. President Trump had planned to slash nearly 90% of the workforce at the bureau, which works to safeguard against fraud, abuse, and deceptive practices, claiming the agency has overstepped its authority.
Supreme Court rulings and provisions in the recently-passed budget bill are bolstering the legality of the administration's effort to fire more than 1,000 employees at the Consumer Financial Protection Bureau.
In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau’s leadership has focused almost exclusively on rolling back any punishments,
New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the CFPB has been unaccountabl
States have passed new laws and hired ex-bureau staff, but some suggest the shift is more evolutionary than revolutionary.
Explore more
Given the CFPB’s recent lack of action, enforcement experts don’t believe a proposed 50% budget cut will have much of an impact.
FirstCash to pay $9 million in refunds and penalties for illegal pawn loans to servicemembers CFPB lawsuit alleged loans exceeded 36% APR cap and impo
The Consumer Financial Protection Bureau said Tuesday it has terminated its overdraft fee-related consent order against Navy Federal Credit Union and waived any alleged non-compliance.
Congress overturned a rule that would have capped overdraft fees at some banks and credit unions. Consumer Investigator Caresse Jackman explains what that means for your money and how to avoid those fees.