Consumer Financial Protection Bureau

CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
May 08, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has abruptly abandoned its effort to supervise Google Payment, unraveling a marquee Biden-era bid to extend the agency’s reach...

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Financial Regulators Face Deepest Personnel Cuts in Decades
Financial Regulators Face Deepest Personnel Cuts in Decades
May 07, 2025  |  Regulation

Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Over 2,300 staffers across the Federal Deposit Insurance Corp.,...

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Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
Pay Later Economy Gets Regulatory Reprieve as CFPB Moves to Rescind BNPL Rule
May 06, 2025  |  Buy Now Pay Later

The pay later economy got a big boost late in the day Tuesday (May 6) when the Consumer Financial Protection Bureau (CFPB) announced in a...

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CFPB Reportedly Reworking Biden-Era Open Banking Rule
CFPB Reportedly Reworking Biden-Era Open Banking Rule
May 06, 2025  |  CFPB

The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking. That’s according to a report Monday (May 5) from Bloomberg Law,...

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Appeals Court Blocks CFPB Layoffs Pending Court Battle on Downsizing
Appeals Court Blocks CFPB Layoffs Pending Court Battle on Downsizing
April 29, 2025  |  CFPB

An appeals court ruled Monday (April 28) afternoon in a 2-to-1 decision that the Consumer Financial Protection Bureau (CFPB) cannot proceed with its mass layoffs...

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Wells Fargo Says CFPB Ended Compliance-Risk Consent Order
Wells Fargo Says CFPB Ended Compliance-Risk Consent Order
April 28, 2025  |  Regulation

Wells Fargo said the Consumer Financial Protection Bureau terminated a consent order related to the company’s compliance risk management program. The order was issued in...

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Court Records Offer Glimpse Into Trump’s CFPB Firing Efforts
Court Records Offer Glimpse Into Trump’s CFPB Firing Efforts
April 28, 2025  |  CFPB

This week, a judge will hear testimony that could determine the future of the CFPB. The Consumer Financial Protection Bureau (CFPB) has been on shaky...

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CFPB Drops ‘Gouging’ Case Against Horizon Card Services
CFPB Drops ‘Gouging’ Case Against Horizon Card Services
April 27, 2025  |  CFPB

The CFPB has dropped its case against Pennsylvania-based company Horizon Card Services. The Consumer Financial Protection Bureau (CFPB) sued Horizon and parent company Reliant Holdings...

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Judge Puts Temporary Hold on CFPB Plan to Lay Off Most Employees
Judge Puts Temporary Hold on CFPB Plan to Lay Off Most Employees
April 18, 2025  |  CFPB

A federal judge reportedly blocked the Trump Administration’s plan to lay off 90% of the staff of the Consumer Financial Protection Bureau (CFPB) Friday (April...

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