Trump's decision to stop work at the agency appears to have halted compensation, according to the Student Borrower Protection Center in Washington.
A pair of consumer groups won their bid to defend the Consumer Financial Protection Bureau’s $5 cap on bank and credit union ...
The CFPB dropped a series of lawsuits at the end of February as the Trump administration continues to muzzle the federal ...
Since it started to hire technologists in 2022, the CFPB has issued several multi-million dollar payment orders against financial technology companies including Wise, formerly TransferWise ...
The article below was originally published Feb. 20, after newly installed CFPB leaders halted the agency’s work. The latest updates on changes to the CFPB under the Trump administration can be ...
Just last month, the CFPB had accused Capital One of failing to pay more than $2 billion in interest to customers by misleading them into thinking they would be getting higher rates. Capital One ...
CFPB redress payments to Navient borrowers in ... American Honda Finance Corporation and the money transfer business Wise, which were together ordered to pay $85.8 million - to submit redress ...
“The predicate to running a ‘more streamlined and efficient bureau’ is that there will continue to be a CFPB,” consumer bureau Acting Director Russ Vought said in a motion filed late ...