CFPB drops lawsuit against Zelle operator and owner banks
The regulator said in a court filing this week that it dismissed the action against Early Warning Services, JPMorgan Chase, Bank of...
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CFPB targeting 'lack of competition' in credit reporting, credit scores
The CFPB is looking to improve ‘competition, choice and affordability’ in credit reporting costs and other mortgage closing...
CFPB says student loan servicers may be violating consumer protection laws
The CFPB has been monitoring borrowers’ experience and recently published its findings: long wait times, application processing delays,...
Supreme Court justices appear skeptical of challenge to CFPB's funding structure
The question in the case is whether the way in which the CFPB receives its funding violates the Appropriations Clause of the...
CFPB "open banking" proposal due in October
The Consumer Financial Protection Bureau is due to propose in October a long-awaited rule on consumers' control of their banking data,...
Biden to pick Rohit Chopra to lead Consumer-Finance Agency
If confirmed, Mr. Chopra would replace Kathy Kraninger, a Trump-appointed official who has run the bureau since 2018. The decision to tap...
CFPB Considers Ending Public Access to Complaints About Banks
Mick Mulvaney, the interim director of the CFPB, told banking industry executives that he did not see anything under the 2010 Dodd-Frank...
CFPB regulating payday lending
The New Republic discuses the CFPB's role in regulating payday lending. The article illustrates the problems with payday lending and...
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