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The Latest Breaking News from CFPB

Tesla's Unpaid Millions Push Small Businesses Into Bankruptcy

Firms face bankruptcy due to unpaid invoices, while Musk's focus on politics draws criticism. Investigations continue as Tesla's sales drop.

International Business Times UK

Trump Worth More Than $5 Billion After $100 Million In Bond Purchases While In Office

President Donald Trump has purchased more than $100 million worth of bonds since taking office in January, according to official filings with the U.S. Office of Government Ethics.

Benzinga

Trump Jr-Backed Gun Financing Firm Cleared As Feds End Biden-Era Probe Over Political Bias

The Consumer Financial Protection Bureau has dropped a Joe Biden-era probe into Credova Financial, a gun financing firm tied to Donald Trump Jr., saying the case was improperly motivated by politics.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

What’s the Real Reason Some Banks Are Denying Retirees Service?

Some banks are pulling back services for older clients in subtle but impactful ways. These actions aren’t typically labeled as age discrimination—but they often leave...

Saving Advice

Inside the battle between the old guard and the upstarts for the future of the financial system

Fintech and crypto companies are teaming up in a fight for open banking rules.

Fortune

Court lifts block on Trump’s mass firings at top US consumer watchdog

Judge previously blocked president from laying off 1,500 employees at the Consumer Financial Protection Bureau

The Guardian - US

Why Some Credit Reports Are Withholding Important Data

Credit reports steer big financial decisions. Lenders, landlords, and employers use them. When a report omits important details, you can lose out or pay more. Knowing why data is missing helps you fix it fast.

The Free Financial Advisor

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8 “Debt Relief” Services That Have Been Fined for Fraud

Consumers grappling with debt often turn to so-called “debt relief” services, hoping for a way out. Unfortunately, some providers have been exposed for deceptive practices—and even fined by regulators. These stories serve as cautionary tales about aggressive promises, hidden fees, and misleading claims.

Everybody Loves Your Money

JPMorgan Chase’s new fees for data could ‘cripple’ crypto and fintech startups, executives warn

Kraken Co-CEO Sethi calls JPMorgan fees a toll that limits what can be built.

Fortune

The Latest: Trump administration orders 2,000 National Guard troops to leave LA, some will remain

President Donald Trump’s administration says it is ending the deployment of 2,000 National Guard troops sent to Los Angeles to support immigration enforcement activities

The Independent UK

Federal judge reverses rule that would have removed medical debt from credit reports

A federal judge in Texas removed a Biden-era finalized ruled by the Consumer Financial Protection Bureau that would have removed medical debt from credit reports

The Independent UK

Your medical bills will remain on your credit report after all

The ruling is likely going to make it harder for many people to get a mortgage or other loan.

Fortune

Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under Trump

In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau’s leadership has focused almost exclusively on rolling back any punishments, fines and penalties doled out against companies during the Biden administration

The Independent UK

Employees at the nation's consumer financial watchdog say it's become toothless under Trump

Once a powerful watchdog for financial wrongdoing, the Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration

The Independent UK

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International Business Times UK

Who Is The Federal Judge Who Revised The Medical Debt Mandate Of Joe Biden? Was It Legal And Here's What Could Happen Now

A federal judge's ruling has reversed a policy aimed at removing medical debt from credit reports, affecting millions' financial futures.

Benzinga

Texas Judge Blocks Biden-Era Rule Meant To Erase $49 Billion In Medical Debt From Credit Reports

A federal judge on Friday vacated a Biden-era rule that would have stripped medical debt from consumer credit reports, siding with credit-industry and Trump-administration arguments that regulators overreached.

Saving Advice

How Some Banks Are Still Charging Illegal Overdraft Fees

Overdraft fees have long been a sore spot for banking customers, especially those living paycheck to paycheck. While federal regulations have cracked down on unfair...

Reason

Justice Kagan Rejects "Combination Theory" Claims For Separation of Powers Cases

"A meritless public non-delegation challenge plus a meritless private nondelegation challenge cannot equal a meritorious 'combination' claim."

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news in one place.

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International Business Times UK

Retired and Still Paying: Why Thousands of Pensioners Are Losing Social Security to Student Loans

Student loan debt is reducing Social Security payments for thousands of US retirees, raising concerns over retirement security and debt policy.

Benzinga

Trump's Move To Gut Financial Protection Agency Could Cost Consumers $15 Billion A Year, Say Advocacy Groups

President Donald Trump's bid to dismantle the Consumer Financial Protection Bureau has shifted at least $18 billion in costs onto consumers through higher bank fees and canceled restitution, two advocacy groups said Tuesday.

The Independent UK

DOGE cuts to the IRS will cost $500 billion in lost revenue, watchdog finds

DOGE ‘destroyed, diminished or jeopardized’ billions of dollars in returns on government investments, CREW discovered

Salon

Over 100 Musk followers still at DOGE

At least 38 DOGE members work, or have worked, for one of Elon Musk’s companies

The Independent UK

Trump’s policies could have a major impact on your credit score. Here’s how

President Donald Trump’s “One Big Beautiful Bill” would likely add trillions to the country’s deficit and drive up interest rates.

The Guardian - US

‘How did I get approved for $30,000?’: is buy now, pay later headed for a fall?

Advocates worry debt burden is worse with installment payments as credit card debt balloons to over $1tn in US

Roll Call

Senate Banking would zero out CFPB funding in reconciliation - Roll Call

Other reconciliation provisions for Banking panel would pare spending at the Fed, Treasury, HUD and at the Securities and Exchange Commission.

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