The sudden halt to CFPB's works leaves much of consumer finance, from mortgage companies to payment apps, unsupervised.
In the waning months of the Biden administration, the Consumer Financial Protection Bureau, or CFPB, released a flurry of new consumer protection rules, targeting everything from bank overdraft ...
Twenty-three attorneys general from across the country are warning that President Donald Trump’s efforts to defund and disband the Consumer Financial Protection Bureau (CFPB) would “significantly harm ...
The fate of the Consumer Financial Protection Bureau, or CFPB, is uncertain as the agency and its workers have faced a tumultuous month of February so far, possibly leaving consumers with more ...
But much of the ire is aimed at Russ Vought, the Office of Management and Budget director and the acting CFPB director. Predictably, a federal employees union quickly sued to stop the Trump ...
In May 2024, former President Joe Biden’s CFPB sued the company, alleging it was deceiving borrowers and illegally extracting fees. The app feature in question allows users to give a “tip” t ...
The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...