Democratic Senator Elizabeth Warren urged President Donald Trump to work with regulators to stop what she called unjustified ...
Globally, BNPL has reshaped consumer finance, particularly among millennials and Gen Z who are wary of traditional banking. The industry was valued at $231.51 billion in 2024 and is projected to reach ...
Treasury Secretary Scott Bessent ordered the Consumer Financial Protection Bureau to halt work Monday, following months of ...
The halt means the Consumer Financial Protection Bureau will cease crafting regulations or enforcing any rules or investigations.
U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance ...
With minimal protections in place, consumers already struggling in debt, face further potential financial hardship due to the ...
On January 15, 2025, the Consumer Financial Protection Bureau (“CPFB” or the “Bureau”) took three coordinated actions related to home equity ...
As part of a flurry of last minute regulatory activity by the Biden administration’s Consumer Financial Protection Bureau ...
Trump has made easing government regulations one of his cornerstones for growth, meaning that he might need to choose between his vows to companies and his stated commitment to easing costs for ...
Jim Lo Scalzo / EPA / Bloomberg / Getty Images President Donald Trump's regulatory freeze could affect some of the CFPB's recent actions ... executive order freezing regulations could affect ...
Cases involving accusations of redlining, kickbacks, underpaid employees and more swept across the mortgage industry in ...
“Cash App created the conditions for fraud to proliferate on its popular payment platform,” said CFPB Director Rohit Chopra. “When things went wrong, Cash App flouted its responsibilities ...