The root of the CFPB’s ineffectiveness is that it believes regulation is the way to fix the banking industry’s problems. To ...
The Consumer Financial Protection Bureau has sued some of the largest U.S. corporations and banks before the changeover to ...
The popular peer-to-peer payment platform, Zelle and three of the nation’s largest banks have been sued by the federal government over alleged “widespread fraud” payments through Zelle. The Consumer ...
The Consumer Financial Protection Bureau (CFPB) has issued a new rule addressing its supervision of large nonbank companies offering US ...
CFPB Calls on Other Enforcement Agencies to Address Bait-and-Switch Credit Card Rewards Practices ...
The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...
Troutman Pepper attorneys highlight legal obligations under the Fair Credit Reporting Act and how companies should continue ...
The rule on overdraft fees is ripe for the GOP Congress to overturn.
What Happened? On December 9, the Consumer Financial Protection Bureau (“CFPB”) issued an advance notice of proposed rulemaking(“ANPR”), ...
Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched ...
Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers of ...
Lender Rocket Homes gave kickbacks to real estate brokers and agents to get homebuyers to sign up for its loans, the Consumer ...