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Consumer watchdog groups say the CFPB quietly dropped at least 21 enforcement actions, many against repeat offenders. Agency ...
In the May 12 filing, Vought justified the withdrawal of what he has called “weaponized” sub-regulatory guidance by emphasizing that the CFPB has repeatedly exceeded the scope of its proper ...
Retail cards hit a record high average interest rate of 30.5% last year, according to a Bankrate survey, and rates have stayed close to those levels this year.
The immediate effect of the CFPB's rescission is a rollback in perceived enforcement ... On the other hand, this regulatory change shifts enforcement responsibility to the states, creating ...
House passes bill slashing Consumer Financial Protection Bureau’s budget by 70%, threatening its ability to protect consumers ...
but which nonetheless wanted to see an intact agency so that it could roll back regulation that remains in place and could be enforced again under a new administration. His nomination for the CFPB ...
we're not intending to roll back those changes, and we've talked to the partners about that." The CEOs celebrated the end of a proposed CFPB regulation that was meant to limit what Americans would ...
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