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The U.S. unit of fintech Wise must pay the bureau $45,000 and roughly $450,000 in redress to affected customers – a far cry ...
The Consumer Financial Protection Bureau (CFPB) has been at the center of significant legal and operational turmoil in recent months.
Effective May 12, 2025, the Consumer Financial Protection Bureau (CFPB) formally revoked 67 different guidance documents by publishing a notice in ...
According to the notice, the rescinded documents include guidance dating back to 2011 and cover a wide range of topics. The ...
CFPB Withdraws Guidance and Proposed Rules on Data Broker, Video Game Payments, and Contract Clauses
On May 15, the CFPB withdrew three Biden-era rulemaking proposals, including a December 2024 proposal to regulate data brokers as consumer reporting agencies under the Fair Credit Reporting Act (FCRA) ...
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