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 ...
Wise to Pay $2.5 Million in CFPB Remittance Fee Settlement
Global cross-border payments company Wise Plc agreed to a $2.5 million settlement with the Consumer Financial Protection ...
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 ...
ConsumerAffairs1d
The Consumer Financial Protection Bureau reports renters are still struggling
Recent data show the average rent has gone down over the last few months but that doesn’t necessarily mean all renters are ...
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
The head of a federal agency for consumers has packed up his office. But will Trump fire him?
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, ...
ConsumerAffairs2d
Late rent payments suggest increased financial distress among consumers
The Consumer Financial Protection Bureau (CFPB) finds that renters are continuing to have a hard time paying their rent on ...
How to Submit a Complaint to the CFPB
The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card ...
bankingdive2d
Chopra urges regulatory action to confront de-banking
The CFPB director faulted the lack of transparency around bank decisions to close accounts and said it’s worth exploring what ...
JD Supra2d
CFPB Releases Guidance for States on Strengthening Consumer Protection Under New Administration
The Consumer Financial Protection Bureau (CFPB) issued guidance on the eve of the transition to a new administration that serves as a roadmap ...