Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
The Consumer Financial Protection Bureau has been a political punching bag for years, but on the eve of a new Trump ...
FedScoop1h
CFPB signs off on standard-setting body’s application for open-banking rule
Financial Data Exchange will set standards under the agency’s Personal Financial Data Rights rule, allowing consumers to ...
American Banker1h
CFPB issues new fintech sandbox and no-action letter policy
The Consumer Financial Protection Bureau issued two separate policy statements on so-called "sandbox approvals," and "no ...
CFPB sues Experian over ‘sham’ credit report investigations that harm consumers : “What more can I do?”
The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of ...
JD Supra1h
CFPB discusses debt collection practices in the workplace
On January 2, the CFPB published a blog post discussing collection practices, particularly those that occur in the workplace. It highlights the ...
National Mortgage News1d
Will CFPB's nonbank registry endure as Trump takes office?
While the actual registration process has been going smoothly, there's some confusion among nonbanks over the timing and what ...
bankingdive15h
CFPB brings back sandbox but keeps competition emphasis
The bureau’s policies restore the no-action letter and sandbox designation, but feature some tweaks aimed at correcting past “shortcomings.” ...
JD Supra1h
CFPB data spotlight analyzes small businesses’ financial security
On January 3, the CFPB published a data spotlight entitled “The Financial Security of Small Business Owners: Evidence from the Making Ends ...
CFPB finalizes rule to remove medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that would remove medical bills from credit reports and prevent ...
US regulator plans to toughen customer protection on crypto accounts
US cryptocurrency companies should be responsible for refunding customers’ accounts when they are hacked, bringing standards for digital wallets into line with bank accounts, the consumer banking ...