News

The Consumer Financial Protection Bureau, the consumer watchdog agency designed by Sen. Elizabeth Warren (D-MA) that has been ...
New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...
Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
The Financial Literacy and Education Commission (FLEC) coordinates these efforts across 24 federal agencies, with the U.S.
The CFPB’s approach often prioritizes punitive measures over pragmatic solutions, creating a hostile regulatory environment that stifles innovation and increases costs for everyday Americans.
Accountability and transparency are vital to restore trust in this rogue agency that has lost sight of its mission.Moving forward, the CFPB must be restructured in a way that promotes real ...
The CFPB capped most bank overdraft fees at $5 in a rule announced in December. Fees have averaged around $27 . Argument for: The agency said overdraft fees, like late fees, are needlessly high.
The second measure, H.J. Res 64, blocks the CFPB’s rule that would enable the Bureau to make payment apps like Venmo, Google Pay and AppleCash better protect consumers’ money and private data.
High Noon for the CFPB at the Supreme Court The Justices have a chance to tell Congress it can’t shirk its duty by creating regulators insulated from political accountability. By ...
1 Consumer Financial Protection Bureau v. Community Financial Services Ass’n of America, Ltd., No. 22-448 (May 16, 2024).. 2 Prepared Remarks of CFPB Director Rohit Chopra Regarding the Supreme ...
The CFPB drops a major lawsuit against Capital One The consumer protection agency also ... make sure that we have an efficient CFPB and we need to reinstate some accountability to our elected ...
For more information about how the CFPB works and why it matters to everyday consumers’ financial lives, check out this video interview with Richard Cordray, former director of the CFPB and ...