Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer ...
JD Supra37m
Breaking Down a New Day at the CFPB
After weeks of emptying the shelves at the Consumer Financial Protection Bureau (CFPB) with dozens of enforcement actions, new rules, ...
Mises Institute2d
The Consumer Financial Protection Bureau Harms Those Whom It Claims to Protect
If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer ...
Elizabeth Warren says Trump will have a ‘fight’ if he destroys the CFPB
Massachusetts Sen. Elizabeth Warren says the Trump administration will “have a fight on their hands” if it dismantles her ...
JD Supra1h
The Biden CFPB’s Final Salvo: A Call for State Action
In its final days under the Biden administration, Consumer Financial Protection Bureau called on states to step it up – following soon after ...
Ted Cruz Leads Republican Charge to Defund Consumer-Protection Agency
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...
CFPB fines fintech Wise, alleging it charged deceptive fees
The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for ...
JD Supra3d
CFPB Proposes a New Rule Prohibiting Certain Contractual Terms for Consumer Financial Products
On January 13, the Consumer Finance Protection Bureau (CFPB) published a new proposed rule attempting to ban certain contractual provisions in ...