The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...
The Consumer Financial Protection Bureau is walking away from cases that might have helped return money to consumers across the U.S. We want to hear from people who feel left behind.
The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court ... such as responding to consumer complaints and conducting research.
The turmoil began when acting director Russell Vought ordered CFPB’s roughly 1,700 employees to “stand ... which handles public complaints against financial institutions. The Trump administration ...
Consumer Laws Remain, but Complaints Will Go Elsewhere The good news is that even if the CFPB shrinks, changes in scope or even closes permanently, consumer protection laws will remain in effect.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a ...
In 2023, the Consumer Financial Protection Bureau cited Citibank for discriminating against Armenian Americans. The recent ...
Matthew Pfaff, chief of staff for CFPB’s Office of Consumer Response, said his office, which completes statutorily required work, handles roughly 350,000 consumer complaints per month.
U.S. District Judge Amy Berman Jackson said Tuesday that Congress had the power to dismantle the agency, if it so chose, not the White House.
Nearly 500,000 consumers sought CFPB assistance through its complaint portal this past January, a notable increase above its average intake of 350,000 complaints per month. In many instances, the ...
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates. By Ann Carrns House ...
Cordray argues that removing the CFPB is akin to removing police from a high-crime area, and will lead to unchecked financial misconduct. He highlights a potential conflict of interest with Elon ...
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