Trump, Supreme Court and Consumer Product Safety Commission
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Under Trump, the CFPB announced in March that the agency would not “prioritize” a Biden-era rule that would have protected consumers against a payday lender repeatedly trying to withdraw funds from their depleted bank account, causing multiple overdraft fees generated by insufficient funds.
"It's really important to realize there is a whole panoply of benefits...veterans should be taking advantage of all of those," Mike Meese said.
A federal judge blocked a rule from the Consumer Financial Protection Bureau that would have stopped medical bills from appearing on credit reports and barred lenders from using such data to make lending decisions.
A coalition of consumer groups sued the Consumer Financial Protection Bureau and acting Director Rusell Vought for refusing to implement a statutorily-mandated small business data collection rule that is already tied up in litigation.
A federal judge has temporarily blocked the Trump administration’s plans to dismantle the Consumer Financial Protection Bureau. President Trump had planned to slash nearly 90% of the workforce at the bureau, which works to safeguard against fraud, abuse, and deceptive practices, claiming the agency has overstepped its authority.
10don MSN
The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get paid. But, in practice, the bureau has been mostly inoperable for nearly six months.
With basic costs continuing to outpace Hoosiers’ take-home pay, now is the time for policymakers to protect consumers and put a stop to “scamification.”
The personal impact of the 2008 housing crisis on a student's family reveals why the Consumer Financial Protection Bureau matters as Trump administration cuts enforcement
Since the U.S. Consumer Financial Protection Bureau opened its doors in 2011, the watchdog has been at the center of legal fights over mortgage regulations, student loans, forced arbitration and ...
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he ...
Charlene Crowell is a senior fellow with the Center for Responsible Lending. This week she warns that the newly passed budget bill slashes consumer protection and student loan support, threatening financial stability for millions while benefiting the wealthy.