News

The bureau’s chief legal officer defended Acting Director Russ Vought’s decision to decline funding from the Federal Reserve, ...
The Consumer Financial Protection Bureau sent a letter to the Government Accountability Office last week criticizing a probe ...
Rather than deleting the Consumer Financial Protection Bureau, now is the time for the president and Congress to reform and ...
The San Francisco-based 9th U.S. Circuit Court of Appeals ruled last year that the CFPB’s structure is constitutional. Trump’s administration and the current CFPB leadership agreed with the ...
The Consumer Financial Protection Bureau, the consumer watchdog agency designed by Sen. Elizabeth Warren (D-MA) that has been ...
Payday lender, All American Check Cashing, is asking the Supreme Court to decide whether the structure of the Consumer Financial Protection Bureau, Massachusetts Sen. Elizabeth Warren’s ...
As of January 2025, the CFPB has delivered $19.7 billion in consumer relief since its creation, with 195 million people eligible for that relief, according to the agency.
The CFPB claims it has provided consumers almost $20 billion in relief via monetary compensation, principal reductions on loans, and canceled debts. It has also assessed $5 billion in civil penalties.
The new plan would cap the CFPB’s access to funding at 6.5% of the Federal Reserve operating budget, decreased from its current limit of 12%. Senate Banking Committee Chairman Tim Scott, R-SC ...
In the last days of the Biden administration, the CFPB sued banking giant Capital One for allegedly cheating its customers out of $2 billion in interest payments on their savings accounts. The ...
The move ends the consumer watchdog's monitoring of the lender more than three years ahead of schedule. In November 2023, BofA had agreed to pay a $12 million fine to settle CFPB charges that it ...
WASHINGTON — Conservative U.S. Supreme Court justices on Tuesday appeared sympathetic to a challenge backed by President Donald Trump’s administration to the structure of a federal agency assigned to ...