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The Consumer Financial Protection Bureau voluntarily dropped a case against a Pennsylvania-based credit card company that ...
The judge took steps to block the late fee cap in 2024, saying it stood in opposition to the Credit Card Accountability and ...
In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...
Roughly 1,500 employees — or almost 90% of the agency's staff — will be cut from the CFPB, leaving around 200 people, ...
The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...
The agency, which has returned $21 billion to consumers since its inception, could lose 1,500 of its 1,700 employees, a union ...
The upheaval at the Consumer Financial Protection Bureau has many advocates concerned about financial abuse and fraud.
The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some ...
The federal rule would have capped bank overdraft fees at $5 and was expected to save Americans billions annually.
FILE – A security officer works inside of the Consumer Financial Protection Bureau (CFPB) building headquarters Monday, Feb. 10, 2025, in Washington. (AP Photo/Jacquelyn Martin, File) Politics ...
A federal judge paused the Trump administration’s efforts to lay off nearly 1,500 of the 1,700 employees at the Consumer Financial Protection Bureau as she considers whether the mass firing ...
WASHINGTON — President Donald Trump is drastically shrinking the size and the mission of the Consumer Financial Protection Bureau, the latest step in an extraordinary reshaping of the federal ...
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