The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court that it remains committed to meeting its legal obligations. The agency has denied in ...
During the waning days of the Biden administration in late December, the CFPB, then led by Rohit Chopra, filed a lawsuit against Zelle operator Early Warning Services as well as Bank of America ...
Customers of the top three banks lost more than $870 million over seven years due to the banks' failures to protect them, according to the CFPB. "This is about financial institutions fulfilling ...
Lauren Feiner is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust ...
Representatives for the CFPB, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests for ...
As part of the back-and-forth of legal filings and testimonies in a case that could decide the fate of the Consumer Financial Protection Bureau (CFPB), employees of the agency say they are ...
March 4 (Reuters) - The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their ...
U.S. District Judge Amy Berman Jackson issued the ruling in Washington, D.C., after the official who has been the CFPB’s chief operating officer since February 2023 said in a court filing Sunday ...
Jackson said during a hearing Monday she will need to hear directly from Adam Martinez, the chief operating officer and acting chief human capital officer for CFPB, about a declaration he filed ...
The Trump administration's decision to put the U.S. Consumer Financial Protection Bureau on ice has left a $100 million pot of money intended for borrowers allegedly harmed by the student loan ...