ReShonda Young, founder of a soon-to-launch Iowa bank, is suing the Consumer Financial Protection Bureau for delaying new ...

Still, Boltansky thinks the rule will not go into effect as scheduled in October 2025. "Ultimately, at a minimum, we expect the Trump CFPB will delay the effective date of this rule as it considers ...

Democratic U.S. President Joe Biden in December vetoed a congressional resolution to reverse the CFPB's rule, saying it would hinder the government's ability to conduct oversight of predatory lenders.

On July 18, 2024, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule ... These novel interpretations depart from precedent, reverse the CFPB’s own recent positions, ...

The CFPB pushed further, however, finalizing a rule in early January barring all medical debt from influencing people’s ...

CFPB is poised to abandon interpretive rule that would have subjected BNPL "pay-in-four" lenders to ... This reversal comes amid broader changes at the CFPB following President Donald Trump’s ...

On May 14, the Consumer Financial Protection Bureau (CFPB or Bureau) published a proposed rule to rescind amendments to its Procedures for Supervisory Designation Proceedings, originally adopted ...

In a win for credit bureaus and debt collectors, medical debt will be allowed to stay on your credit report after all.

A judge blocked a Biden-era rule that would have removed medical debt from credit reports, siding with industry arguments ...

On Wednesday, a panel of three judges on the U.S. Court of Appeals for the 5th Circuit vacated the CFPB's payday lending rule that had been challenged by two Texas trade associations. The three judges ...

CFPB Wins Big Reversal in Illinois Redlining Lawsuit by: A.J. S. Dhaliwal , Mehul N. Madia of Sheppard, Mullin, Richter & Hampton LLP - Consumer Finance and Fintech Blog Friday, July 12, 2024 ...