Senate Republicans Vote Lets Banks Take Advantage of Americans
by Mitti Hicks March 28, 2025 Under President Joe Biden, the Consumer Financial Protection Bureau (CFPB) instituted a $5 cap ...
Tag: Consumer Financial Protection Bureau
Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
Under President Trump, the Consumer Financial Protection Bureau has dropped nearly a dozen enforcement cases brought during the Biden administration, ...
Left for Dead, the C.F.P.B. Inches Back to Life
At the headquarters of the Consumer Financial Protection Bureau, faint shadows above the entrance are all that remain of the ...
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
The impact of the tariffs would vary by car model, since some rely more on imported parts than others. But ...
Buying a Home? Without the CFPB, You Need to Be Your Own Watchdog.
House prices are stubbornly high, and mortgage rates remain substantially above their prepandemic level. Now, with the spring home buying ...
With the CFPB on Pause, Here’s How to Protect Yourself
With the government seemingly stepping back from regulatory duties, consumers may have to act as their own financial watchdogs.The Consumer ...
CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers
Days before President Trump was inaugurated, the Consumer Financial Protection Bureau sued Capital One, accusing it of using deceptive tactics ...
Struggle Over Americans’ Personal Data Plays Out Across the Government
Last week, Michelle King, the acting commissioner of the Social Security Administration, sought to reassure Democrats on Capitol Hill about ...
How Trump Is Gutting Regulatory Agencies Like the SEC, CFPB and EEOC
The Trump administration is rapidly delivering wins to American companies by rolling back regulations, pausing investigations and retreating from lawsuits ...
Elon Musk’s Attacks on CFPB Remove Obstacle to Building ‘X Money’
Elon Musk, the world’s richest man, is widely known for amassing his fortune through Tesla, his electric car company, and ...
Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up
President Trump has been in office less than a month, and Elon Musk’s vast business empire is already benefiting — ...
CFPB Employees Left Stranded and Confused After Stop-Work Orders
Barely two days after Russell Vought, the new acting director of the Consumer Financial Protection Bureau, ordered the agency to ...
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The day before Linda Wetzel closed on her retirement home in Southport, N.C., in 2012 — a cozy place where ...
Federal Financial Watchdog Ordered to Cease Activity
Employees of the Consumer Financial Protection Bureau were instructed to cease “all supervision and examination activity” and “all stakeholder engagement,” ...
Why Banks May Be Hoping You’re Not Paying Attention
The median American household has a combined balance of $10,000 in its checking and savings accounts, according to a census ...
Trump Administration Fires Consumer Bureau Chief
The director of the Consumer Financial Protection Bureau, Rohit Chopra, was fired on Saturday, prematurely ending a five-year term that ...
If You’re Retired, or Not: 5 Changes That Will Affect Your Money in 2025
Amid the global turmoil of this young new year comes a flurry of welcome developments that will help many people ...
Capital One Is Accused of Cheating Customers Out of $2 Billion
The advertisement from Capital One had many of the same promises that other banks offer for high-yield savings accounts: There ...
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