Tag: CFPB
CFPB sues Comerica Bank over federal benefits program
A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023.Smith Collection/gado | Archive Photos | Getty ImagesThe Consumer Finan [...]
Banks raise costs in response to CFPB rule
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impendi [...]
CFPB expands oversight of Apple Pay, other digital payments services
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Consumer Financial Pr [...]
New Challenge to CFPB Authority from US Supreme Court
The Consumer Financial Protection Bureau (CFPB) has taken a blow to its authority from the LoperBright Enterprises v. Raimondo case.
The US Supreme [...]
CFPB rule faces possible freeze
Epoxydude | Fstop | Getty ImagesA Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on [...]
CFPB rule caps credit card late fees at $8
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Consumer Financial Pr [...]
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
www.coind [...]
US CFPB proposes supervising digital app providers, including crypto wallets
The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app provi [...]
CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking
Big businesses are able to act as “mini-governments” and impose their own rules on payment infrastructure, Rohit Chopra, chair of the United States Co [...]
America’s Trumpiest court declares an entire federal agency unconstitutional in Community Financial v. CFPB
Three judges appointed by former President Donald Trump handed down an astonishing decision on Wednesday, effectively holding that the Consumer Fin [...]
Certain regulatory clarity could be ‘hugely detrimental’ for crypto, says former CFPB director
Kathy Kraninger, former director of the United States Consumer Financial Protection Bureau, or CFPB, said while many in crypto have complained about t [...]
Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: report
The White House has reportedly begun interviews for possible candidates to fill the empty seats on the Board of Governors of the Federal Reserve Sy [...]
US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation
U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Con [...]
Senate panel to carry nomination hearings for SEC, CFPB heads on March 2
Posted by: Market Watch
in Market Information
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The Senate Committee on Banking, Housing and City Affairs introduced Mo [...]
CFPB and financial institution regulators make life simpler for payday lenders within the Covid-19 pandemic
You would possibly assume that proper now is just not an excellent time to make it simpler for predatory lenders to make the most of folks an [...]