News

Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
Consumer Financial Protection Circulars are advisory policy statements the Bureau issues under the Administrative Procedure Act, 5 U.S.C. 553(b).Circulars provide background on an applicable law ...
At least one political appointee at the Consumer Financial Protection Bureau is raising concerns about fees JPMorgan Chase & ...
The Consumer Financial Protection Bureau placed its top fair lending official on leave as the Trump administration pulls back ...
On June 4, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued a Consumer Financial Protection Circular 2024-03 (“Circular”) warning that the use of unlawful or unenforceable ...
Credit and consumer reporting have consistently topped the CFPB’s list of complaints for years and accounted for nearly 60% of all complaints last year, up from 44% in 2019. A significant portion of ...
Established in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) is a government agency intended to do exactly what its name states: protect consumers financially by ...
The Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.
The three most common issues reported to the CFPB related to credit reporting were incorrect information on credit reports (30.8% of complaints), improper use of credit reports (27.6%), and ...
The Consumer Financial Protection Bureau issued guidance on the use of artificial intelligence in credit underwriting, saying that creditors are relying too heavily on a CFPB checklist and sample ...
The U.S. government on Tuesday issued new rules to remove roughly $49 billion in unpaid medical debts from Americans’ credit reports, even as debt collectors and incoming Republican leaders have ...