A Consumer Financial Watchdog’s Fate Is Unclear. Here’s What’s at Stake.
Many consumer protections are in limbo, including an $8 cap on credit-card late fees and a proposed rule on selling customer ...
US consumer watchdog broadens layoffs beyond probationary staff, sources say
A new category of employees at the U.S. Consumer Financial Protection Bureau received termination notices on Thursday, ...
Here’s What CFPB Hold Means for Consumers
Here’s some background on the scope of the CFPB’s activities and how the agency’s tenuous status might affect consumers: What does the CFPB regulate? The Consumer Financial ...
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'Monumental mistake': Missoula financial adviser warns against CFPB halt
The Trump administration stopped the work of the Consumer Financial Protection Bureau earlier this week, according to the Associated Press. The bureau awarded c ...
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Wells Fargo gains termination of two more Federal Reserve consent orders
Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
JPMorgan’s Dimon wants Washington to 'look at all the rules and regulations' affecting big banks
CEO Jamie Dimon made it clear during a visit to Washington, D.C. on Thursday that he is in favor of a restructuring of the ...
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Coloradans Got Millions of Dollars Thanks to a Watchdog Agency Suspended by Trump. And More Cash Was Likely Coming. What Happens Now?
CFBP website on Thursday Three years ago, Wells Fargo was required to pay a total $3.7 billion to customers, including over ...
Trump’s choice to lead CFPB, McKernan, left FDIC Monday
President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...
What Cuts to the CFPB Could Mean For Consumers
The CFP also prosecutes companies that it says fail to protect consumers. In December, it filed a lawsuit against the ...