Consumer Financial Protection Bureau

Government agency skewered by banking group for stern take on credit card rewards programs

The American Bankers Association argues against Consumer Financial Protection Bureau’s claim that credit card issuers may be using bait-and-switch tactics in their rewards programs

The Independent UK 6 min read

6 Ways Trump’s Closing This Major Consumer Advocacy Agency Could Impact Your Finances

Trump shuttering the Consumer Financial Protection Bureau could have a potentially significant effect on the finances of average Americans.

GOBankingRates 6 min read

Trump administration moves again to dismantle top US consumer watchdog

Government argues funding mechanism behind Consumer Financial Protection Bureau is unlawful

The Guardian - US 3 min read

Apple Settlement Ends Early As CFPB Scales Back Oversight

The Consumer Financial Protection Bureau ended settlements with Apple (NASDAQ:AAPL) and U.S. Bank years ahead of schedule, as per September court filings. The move aligns with President Donald Trump’s broader effort to scale back CFPB oversight of consumer finance, including dropping settlements with Toyota Motor (NYSE:TM) and Bank of America…

Benzinga 2 min read

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 6 min read

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 3 min read

NY attorney general sues Zelle's parent company after Trump administration drops similar case

New York’s attorney general has sued the parent company of the Zelle payment platform, months after the federal Consumer Financial Protection Bureau abandoned a similar case under the Trump administration

The Independent UK 3 min read

Could a Bank Freeze Your Account Without Telling You?

Finding your card declined at the checkout feels shocking. A frozen account can stop paychecks and block bills. Why would a bank freeze your account and not warn you? This matters because access to cash is basic for daily life. Read clear steps and rights so you can act fast.

The Free Financial Advisor 5 min read

Workers at top US consumer watchdog sound warning as Trump bids to gut agency

Staff tell Guardian ripped-off Americans will have ‘nowhere to turn’ if Consumer Financial Protection Bureau is undone

The Guardian - US 5 min read

With the Destruction of the Consumer Financial Protection Bureau, Fraud Victim ‘Not Hopeful’ He’ll Be Refunded

Agency charged with protecting consumers drops high-profile fraud cases, leaving victims in limbo.

Capital & Main 3 min read