CFPB asks court to vacate Section 1033 data sharing rule
The CFPB has asked a federal court to vacate its rule on financial data sharing, citing the rule’s “numerous legal ...
Tag: CFPB
ABA report: Justice Department’s redlining enforcement likely unconstitutional
In recent years, the Department of Justice has targeted banks for alleged racial redlining for conduct that does not constitute ...
CFPB ends pandemic-related mortgage foreclosure relief
The CFPB issued an interim final rule ending protections for mortgagors experiencing hardships due to the COVID-19 pandemic.
CFPB withdraws proposed ban on certain contract language for financial products
The CFPB has withdrawn a proposed rule to prohibit contractual provisions in agreements for consumer financial products or services that ...
CFPB withdraws proposals on data brokers, digital payment mechanisms
The CFPB has withdrawn two proposed rules concerning data brokers and digital payment mechanisms. Both were proposed after the 2024 ...
CFPB rescinds dozens of guidance documents
The CFPB announced it is rescinding dozens of guidance documents on topics such as fair lending, overdraft fees, disclosure policies ...
Trump nominates McKernan for Treasury Department role
President Trump nominated former FDIC Board Member Jonathan McKernan as undersecretary of domestic finance at the Treasury Department. McKernan had ...
CFPB to deprioritize enforcement of buy now, pay later rule
The CFPB will not prioritize enforcement of a 2024 rule defining lenders who provide buy now, pay later products as ...
Fifth Circuit dismisses appeal of UDAAP lawsuit
The Fifth Circuit Court of Appeals granted a request by the CFPB and ABA and other plaintiffs to end a ...
CFPB asks court to vacate medical debt rule
The CFPB has reached an agreement to end a lawsuit challenging its medical debt reporting rule by acknowledging the rule ...
