Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...

The Electronic Funds Transfer Act protects consumers from liability for unauthorized transfers from their accounts.

In this article, we share a timeline of our monthly "bites" for 2024 applicable to the credit card industry. The year saw the CFPB give a fair ...

The CDO was quick to emphasize the bank’s obligation to safeguard its customers’ data and use it responsibly as part of the bank’s broader commitment to AI ethics. The ethical use of data and AI is ...

TX, introduced a bill (again) to that effect Wednesday, calling the agency “unelected” and “unaccountable” and its ...

You’d expect the Mafia to be debanked, but when even members of the PayPal Mafia are debanked on a whim, it’s time to sound the alarm. In 2019, Roelof Botha—Managing Partner at Sequoia Capital and an ...

Consumers and businesses alike face a growing challenge: navigating unfair practices like hidden fees, unauthorized charges, and biased decision-making. Traditional dispute resolution methods often ...

The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

Readers consider the bureau’s policies under Rohit Chopra.

Open finance is transforming financial services by enhancing consumer choice, competition, and innovation. However, its ...

Through 39 public enforcement actions, including six Military Lending Act violations, CFPB returned $363 million to veterans and service members. Beyond these and other enforcement actions, CFPB has ...