White House: CFPB has cost consumers billions of dollars
Since 2011, the CFPB has cost consumers between $237-$369 billion as financial institutions were forced to pass on their increased ...
Tag: CFPB
Democrats urge courts to stop efforts to ‘dismantle’ CFPB
Nearly 200 Democratic and independent members of Congress this week filed an amicus brief urging the courts to halt what ...
GAO releases first report on CFPB cuts
The Government Accountability Office released the first of two reports on the Trump administration’s efforts to scale back the activities ...
Vought requests CFPB funding from Fed
CFPB Acting Director Russell Vought has requested $145 million from the Federal Reserve to fund the bureau through at least ...
CFPB, DOJ to withdraw warning on using immigration status to determine creditworthiness
The CFPB and Department of Justice plan to withdraw 2023 guidance warning financial institutions that they risk violating federal protections ...
Court rules that administration must request CFPB funding
The Trump administration must continue to seek funding for the CFPB, a federal judge ruled last week.
CFPB issues report on credit card market
Purchase volume on consumer credit cards increased to $3.6 trillion in 2024, up from $3.2 trillion two years prior, according ...
CFPB opens filing period for 2025 HMDA data
Banks can use the HMDA platform to upload their loan/application registers, review edits, certify the accuracy and completeness of the ...
Democratic state AGs file lawsuit to stop CFPB’s ‘complete defunding’
A coalition of 22 Democratic state attorneys general filed a lawsuit against the Trump administration to stop what they said ...
CFPB: Earned wage access products not subject to Truth in Lending Act
The CFPB is once again reversing course on whether earned wage access products are subject to the Truth in Lending ...
