Biden's CFPB Goes Down Swinging In Blitz Of Rules. But How …
Jan 17, 2025 · The final days of a presidential administration after the election of a successor are called the "lame duck" period, but under Joe Biden and bureau director Rohit Chopra, the Consumer Financial ...
Overdraft fees crackdown: Biden administration sets new rules for …
Dec 12, 2024 · The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5...
Statement from President Joe Biden on the Supreme Court Ruling …
May 16, 2024 · Since President Obama and I created it in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) has worked to protect consumers from abusive practices by lenders, servicers, and special interests, and has lowered costs for hardworking families by going after junk fees.
CFPB Resolves Flurry of Enforcement Actions in Biden's Final …
5 days ago · The Consumer Financial Protection Bureau resolved five outstanding cases for a total of nearly $206.6 million and filed a lawsuit during the final week of Joe Biden’s administration, even as ...
Biden Administration Bars Medical Debt From Credit Scores
Jan 7, 2025 · The federal Consumer Financial Protection Bureau on Tuesday issued new regulations barring medical debts from American credit reports, enacting a major new consumer protection just days before President Joe Biden is set to leave office.
Supreme Court Sides With the Consumer Financial Protection Bureau ...
May 16, 2024 · President Joe Biden, a fellow Democrat who has taken steps to strengthen the bureau, called the ruling “an unmistakable win for American consumers.” Unlike most federal agencies, the consumer...
Did Biden Open Up Banking? The President's CFPB Order Explained
Jul 12, 2021 · President Joe Biden gave a boost to Consumer Financial Protection Bureau’s decade-long effort to kickstart open banking in the U.S. when he signed an executive order last week aimed at boosting competition in the economy.
Biden vetoes resolution disapproving of US CFPB's small-business …
Dec 19, 2023 · U.S. President Joe Biden on Tuesday vetoed a resolution that would disapprove of the Consumer Financial Protection Bureau's small-business loan rule, saying the resolution would hinder...
CFPB Proposes Rule to Ban Contract Clauses that Strip Away …
Jan 13, 2025 · – Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would stop financial companies from forcing Americans to choose between participating in the financial system or giving up their rights, including those guaranteed by the Constitution. The proposed rule seeks to stop companies from using a variety of contract ...
Supreme Court Decisions Loom Over Consumer Watchdog's 2024 …
Dec 27, 2023 · The US Supreme Court will have a big say in whether the Consumer Financial Protection Bureau succeeds next year in reshaping how banks handle customer data and charge fees.
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