CFPB

CFPB Drops Lawsuit Against Comerica Bank Over Federal Benefits Program
CFPB Drops Lawsuit Against Comerica Bank Over Federal Benefits Program
April 11, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor...

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CFPB Ends Enforcement of Registry of Consumer Law-Breaking Nonbank Financial Companies
CFPB Ends Enforcement of Registry of Consumer Law-Breaking Nonbank Financial Companies
April 11, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) said Friday (April 11) that it will not prioritize enforcement of a regulation requiring a registry of nonbank financial companies...

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CFPB’s Overdraft Rule Set to Be Repealed After House Vote
CFPB’s Overdraft Rule Set to Be Repealed After House Vote
April 09, 2025  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees is set to be repealed after the House of Representatives voted Wednesday (April 9)...

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House Votes to Repeal CFPB Rule Covering Consumer Payment Apps
House Votes to Repeal CFPB Rule Covering Consumer Payment Apps
April 09, 2025  |  CFPB

The House of Representatives passed a Congressional Review Act resolution Wednesday (April 9), overturning the Consumer Financial Protection Bureau’s (CFPB) rule, “Defining Larger Participants of...

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Federal Appeals Court Keeps CFPB Alive Until April 9 Hearing
Federal Appeals Court Keeps CFPB Alive Until April 9 Hearing
April 03, 2025  |  CFPB

A federal appeals court reportedly paused a lower court’s order from last week that reversed President Donald Trump’s actions at the Consumer Financial Protection Bureau...

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Trump Administration to Appeal Judge’s Preliminary Order to Keep CFPB Intact
Trump Administration to Appeal Judge’s Preliminary Order to Keep CFPB Intact
March 31, 2025  |  Regulation

The on-again, off-again saga of the Consumer Financial Protection Bureau (CFPB) continues. The Trump administration on Saturday (March 29) filed a claim in the U.S....

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Resolution to Repeal Overdraft Fee Rule Passes Senate, Awaits House Vote
Resolution to Repeal Overdraft Fee Rule Passes Senate, Awaits House Vote
March 27, 2025  |  Regulation

The U.S. Senate voted Thursday (March 27) to repeal the Consumer Financial Protection Bureau’s final rule capping overdraft fees. By a 52-48 vote, the Senate...

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CFPB Signals It Will Drop Rule to Treat BNPL Providers Like Credit Card Companies
CFPB Signals It Will Drop Rule to Treat BNPL Providers Like Credit Card Companies
March 27, 2025  |  Regulation

The ultimate fate of the Consumer Financial Protection Bureau (CFPB) has yet to be settled, but the past few weeks have seen the CFPB rescind...

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House Hearing on CFPB Blasts Agency’s Structure and Claims Regulatory Overreach
House Hearing on CFPB Blasts Agency’s Structure and Claims Regulatory Overreach
March 26, 2025  |  CFPB

Critics of the Consumer Financial Protection Bureau (CFPB) said Wednesday (March 26) at a Capitol Hill hearing that the agency needs a restructuring, and has...

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