That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided in both mission and execution that it does not deserve mere reform—it should be abolished outright.
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The CFPB said that Block used a range of tactics to stop customers from seeking help, forcing them — and their banks — to bear financial losses. For years, Block failed to provide any live customer ...
As the Trump administration prepared to take power in Washington, D.C., the Consumer Financial Protection Bureau (CFPB) wasted no time. In the two months leading up to the inauguration ...
The notices of rescission were published in the Federal Register this week. CFPB Director Rohit Chopra, who may just have days left on the job, said he was using his discretion "to withdraw the ...
The CFPB alleged the credit bureau failed to properly ... Credit reports are a ledger of consumers' borrowing records, such as loan payment history and bankruptcy filings. The financial ...
and used flawed software code which led to inaccurate consumer credit scores," according to the CFPB's order. Credit reports are a ledger of consumers' borrowing records, such as loan payment ...
The CFPB said the company promised consumers that its 360 Savings account provided one of the best and highest interest rates but froze that rate at a low level even as rates rose around the country.
Trump Team Debates Bank Watchdogs as Chopra Remains at CFPB Trump team struggling to pick replacements for CFPB, OCC heads Biden appointees Chopra, Hsu continue to serve in their roles ...
The CFPB is calling on state governments to increase their focus on consumer financial protection laws. “Enforcing consumer protection law has long been a state-federal partnership in which the ...