Consumer News Banks Have Long Knives Out For Consumer Watchdog Cfpb
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Consumer Bureau’s Bank Examiners Criticize New ‘Humility Pledge’
The Consumer Financial Protection Bureau said it would require a vow to “work collaboratively” with companies before beginning a review. 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
Union asks judge to order Trump officials to fund US consumer watchdog
A federal employees' union on Sunday asked a federal judge to order the Trump administration to fund the top U.S. consumer watchdog, weeks after the agency said its cash could run out by year's end. Read More
US consumer watchdog says it is legally blocked from accessing funds
The top U.S. consumer watchdog said on Monday it was legally prohibited from drawing cash from the Federal Reserve to support continuing operations, but that its current funding should last through ... 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 finance watchdog formally kills Biden-era bad actor registry
WASHINGTON, Oct 28 (Reuters) - The top U.S. government watchdog for consumer finance has formally scrapped a registry for non-bank financial companies caught violating consumer laws, asserting that ... 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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