Consumer News Banks Have Long Knives Out For Consumer Watchdog Cfpb
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Consumer watchdog CFPB clearing remaining cases prior to expected mass firings
Nearly all pending compliance issues flagged by CFPB examiners are being closed without verification. Mass layoffs and budget cuts threaten the agency’s ability to police banks and finance companies. Read More
Banks push back on CFPB plan to curb nonbank supervision
Bank trade groups and consumer advocates — two groups rarely in agreement — have found common ground in pushing back against the Consumer Financial Protection Bureau's plan to cut supervision of ... Read More
CFPB terminates four consent orders against national banks, one against lender
Recently, the CFPB terminated four consent orders against two banks each after finding the banks fulfilled their obligations. The CFPB also terminated one consent order against a lender. On September ... Read More
Consumer groups oppose CFPB plan to scale back supervision
Critics say reduced supervision favors lawbreakers and risks another financial crisis A coalition of 31 consumer advocacy groups is urging the Consumer Financial Protection Bureau (CFPB) not to roll ... Read More
Trump is gutting America’s consumer watchdog to feed Wall Street’s greed
Created after the 2008 financial crash, the Consumer Financial Protection Bureau (CFPB) is that rare Washington creature: An efficient consumer watchdog. Over the years, it has returned many billions ... Read More
CFPB Ends Monitoring of Apple, U.S. Bank Years Ahead of Schedule
(Reuters) -The Consumer Financial Protection Bureau has scraped settlements with Apple and U.S. Bank that were implemented under former President Joe Biden's administration, ending oversight ... Read More
Consumer Reports: CFPB not handing out cash to those scammed on Zelle, Cash App
CLEAN. NOW, SOME ONLINE PERSONALITIES ARE CLAIMING THAT YOU CAN GET FREE MONEY FROM THE GOVERNMENT FOR FILLING OUT A COMPLAINT FORM. SO AS MALLORY ANDERSON AND CONSUMER REPORTS EXPLAIN TONIGHT, THAT ... Read More
Trump’s CFPB Has Dropped More Than 20 Cases. Consumers Could Miss Out on ‘Potentially Over $3 Billion’
Few federal agencies have experienced the upheaval that the Consumer Financial Protection Bureau has faced so far in 2025. The Trump administration has attempted to fire much of the agency’s workforce ... Read More
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