Here’s what the agency has been doing for U.S. consumers since it was created in 2011—and what could change if the current administration continues to scale back its budget, staff, and mission By ...
The Consumer Financial Protection Bureau (the “Bureau”) recently announced two new interpretive rules that, if implemented, will significantly reduce regulatory burdens on many consumer reporting ...
A decrease in Consumer Financial Protection Bureau (“CFPB”) enforcement actions may motivate state regulators to fill the enforcement void. We have not seen a dramatic increase in state actions to ...
Learn about the Credit Card Accountability Act, which safeguards users from abusive credit card practices, reduces fees, and improves transparency in the financial world.
Killing the Consumer Financial Protection Bureau is an ill-advised move. — -- Just beyond the Trump swelter of the hour, lawmakers have been busy concocting plans to dismantle key achievements of ...
CFPB ensures financial markets fairness, focusing on rule enforcement and consumer education. Established post-2008 crisis, CFPB centralizes oversight of banking/lending practices. Investors benefit ...
Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...
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