CFPB Ordered to State Position on Consolidating Capital One Case
The Consumer Financial Protection Bureau will have to declare whether its lawsuit over Capital One Financial Corp.’s savings ...
The Trump-Musk Presidency is killing the CFPB
Just as Elon Musk’s X pushes into financial services, the agency responsible for protecting citizens from such companies is ...
The Consumer Financial Protection Bureau Is Being Told to Stop Its Work. 5 Ways That Could Impact Consumers Like You.
In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from ...
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Fed terminates 2 Wells Fargo consent orders
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
There Is No Time Like The Present For Sound Financial Policy
It would be a great victory if the administration shrinks the government's role, but it won’t be easy. Trump should get the government out of financial markets too.
Bessent Freezes Consumer Financial Protection Bureau Work Leaving Lawsuits Against JPMorgan, Bank Of America, Capital One In Limbo
Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau after being selected as the acting director of the agency by President ...
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Chopra leaves CFPB in widely expected move
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
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Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...
Investors wade into bank debt as tariffs bite and key bank regulator is replaced
Bank bond spreads against U.S. Treasurys widened and money flowed into most debt issued by major banks on Monday, in a sign that Wall Street is wading into the sector on the heels of President Donald ...
Why Banks May Be Hoping You’re Not Paying Attention
They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and ...
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Trump Fires Director of Consumer Financial Protection Bureau Who Sued Nation's Biggest Banks
Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB), was abruptly fired by President Donald Trump ...
Trump fires head of the Consumer Financial Protection Bureau
Rohit Chopra, director of the Consumer Financial Protection Bureau, posted a letter to President Donald Trump on X announcing that he would no longer serve in the role.