Understanding Overdraft Protection: Benefits and Considerations
Overdraft protection is a service to allow you to overdraw your checking account. Discover how overdraft protection works and ...
He Expected Trump to Fire Him, but Rohit Chopra Still Has His Job
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a ...
Ted Cruz Leads Republican Charge to Defund Consumer-Protection Agency
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...
Cruz to revive push to abolish government consumer protection agency
Senate Republicans backed a Wednesday effort from Texas GOP Sen. Ted Cruz to defund the Consumer Financial Protection Bureau ...
Is the CFPB Helping or Harming Consumers?
Readers consider the bureau’s policies under Rohit Chopra.
Trump Team Considers Treasury or Budget Office to Oversee CFPB
The Trump administration is poised to oust Biden-era appointee Rohit Chopra as director of the Consumer Financial Protection ...
Trump firings tee up broader legal clash over congressional power
President Donald Trump’s firings sets up another major legal clash over Congress’ power to put limits on the removal of ...
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Wise ordered to pay $2.5 million for misleading customers of its money transfer service
The Consumer Financial Protection Bureau (CFPB) has ordered Wise, a global remittance company, to pay nearly $2.5 million for ...
CFPB fines fintech Wise, alleging it charged deceptive fees
The Consumer Financial Protection Bureau (CFPB) has hit UK-based remittance company Wise with about a $2 million fine for ...
Wells Fargo Says CFPB Financial Harm Consent Order Has Closed
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
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Trump-era CFPB has full plate following Chopra’s flurry of activity
As Republicans mull unwinding Biden-era CFPB policies, Chopra’s strategy seems to have been “to make that as hard as possible ...
It's Time To Shutter The Consumer Financial Protection Bureau
Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial ...