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Finance
CFPB’s new leadership begins staff purge with dozens of employees terminated
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the…
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Finance
CFPB heads of supervision and enforcement announce resignations after stop-work order
Former Office of Management and Budget (OMB) Director Russell Vought takes his seat as he arrives to testify before a…
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Finance
Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra
Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C.,…
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Finance
CFPB fines Equifax $15 million for errors on credit reports
Elijah Nouvelage/Bloomberg via Getty Images The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit…
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Finance
Capital One acknowledges ‘outage’ as users report issues accessing deposits
Capital One said an unspecified technical issue was hampering customer account access Thursday, as some users reported issues with direct…
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Finance
CFPB announces rule limiting bank overdraft fees
Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. Tom Williams…
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Finance
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program
A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023. Smith Collection/gado | Archive Photos |…
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Finance
Banks hit credit card users with higher rates in response to regulation that may never arrive
A customer uses a credit card to pay for items January 28, 2022 at a retail shop in New York…
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Finance
CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer…
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Finance
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Leylaynr | E+ | Getty Images U.S. and Canadian banks reported a tenfold surge in digital scams this year as…
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