Consumer News Banks Have Long Knives Out For Consumer Watchdog Cfpb
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Opinion: Trump’s CFPB reset is welcome, but there’s a risk
President Trump's nomination of Stuart Levenbach to lead the CFPB represents a necessary reset from the agency's decade-long regulatory experiment, but the states are already racing ahead to build ... Read More
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
Court allows mass firings at embattled consumer watchdog agency
D.C. Circuit vacates lower court ruling that blocked mass firings at the CFPB. Decision stayed pending rehearing petition, delaying dismissals for now. Consumer advocates warn ruling threatens CFPB’s ... 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 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
US consumer watchdog kicks off redo of 'open banking' rules on customer data
WASHINGTON, Aug 21 (Reuters) - The U.S. Consumer Financial Protection Bureau on Thursday kicked off a do-over of its "open banking" regulations governing consumer control over the sharing of their ... 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
Beware of the fine print: How corporations hide behind their smallest words
It s a dark time for consumers, Watchdog Dave Lieber warns. One indicator is the rise of mini disclaimers and terms and conditions in legal mumbo jumbo tiny words. These terms and conditions for ... Read More
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