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Transunion faces allegations of violations of fair credit reporting act

The Consumer Financial Protection Bureau (cfpb) and the Federal Trade Commission (FTC) have taken e...

October 12, 2023, 4:12 pm

Transunion shares fall on $23m “eviction fiction” fines

TransUnion shares fell close to 4% on Thursday after the credit bureau was slapped with fines totalling $23 million for illegal rental background chec...

October 12, 2023, 1:22 pm

Payday lenders want supreme court to gut the cfpb. they paid $200 million in fines to regulators, records show.

The Supreme Court will hear oral arguments next Tuesday in a case that could reshape the U.S. regulatory state, after a federal appeals court found th...

September 26, 2023, 5:00 am

cfpb director on regional bank 'living wills': important to protect consumers and small businesses

Rohit Chopra, Consumer Financial Protection Bureau director and FDIC board member, joins 'Squawk Box' to discuss the new regional bank 'living wills',...

August 29, 2023, 10:38 am

cfpb small business loan rule partially blocked (2)

A federal judge in Texas blocked the Consumer Financial Protection Bureau from enforcing a new rule requiring lenders to collect demographic data from...

August 1, 2023, 4:29 am

Texas judge partially blocks small business loan rule

A Texas judge on Monday ruled that many U.S. lenders need not comply with a Consumer Financial Protection Bureau (...

July 31, 2023, 2:59 pm

Bank of america fined $250m over junk fees, fake accounts

Bank of America reaped hundreds of millions of dollars by charging multiple fees to customers who did not have enough funds in their accounts from ...

July 11, 2023, 11:42 am

Bank of america ordered to pay $250 million in penalties and restitution

The Consumer Financial Protection Bureau (cfpb) has ordered Bank of America to pay more than $250 m...

July 11, 2023, 11:21 am

Bank of america ordered to pay $250 mln for fake accounts, junk fees and withholding credit card rewards

The Consumer Financial Protection Board (cfpb) said Tuesday that Bank of America Corp. BAC, +0.46% to p...

July 11, 2023, 8:54 am

cfpb cites aci worldwide in $2 billion ‘mortgage fiasco'

America's consumer finance regulator has fined ACI Worldwide for processing more than $2 billion in unauthorized mortgage payments. The Consumer Finan...

June 27, 2023, 4:15 pm

Money in your venmo and paypal apps may be at risk, cfpb says

You shouldn't use apps like Cash App, PayPal and Venmo as substitutes for a traditional bank account, the Consumer Financial Protection Bureau advises...

June 2, 2023, 2:40 pm

Money stored in payment apps like venmo may be more vulnerable than bank deposits, cfpb says

Most money stored in nonbank payment apps is not often protected by federal deposit insurance, the cfpb...

June 1, 2023, 3:36 pm

cfpb slaps citizens bank with $9 million fine for mismanaging fraud complaints

Citizens bank violated federal consumer financial law and failed to investigate fraud claims, according to a c...

May 23, 2023, 4:47 pm

Citizens bank to pay $9 million penalty in settlement with cfpb

The Consumer Financial Protection Bureau (cfpb) reached a settlement with Citizens Bank Tuesday over wh...

May 23, 2023, 12:50 pm

: struggling to pay your medical bills? this remedy can cause ‘financial ruin,’ cfpb warns.

Patients being marketed “specialty financial products” to cover medical costs may have better, cheaper options, the Consumer Financial Protection ...

May 6, 2023, 3:21 pm

Small business lenders: cfpb issues final rule on small business lending

The final rule requires lenders to collect and report data on small business loan applications, including applications from minority-owned, women-owne...

April 14, 2023, 11:44 pm

cfpb chief chopra calls for clawbacks, stricter regulation of banker pay after svb collapse

Consumer Financial Protection Bureau Director Rohit Chopra said Tuesday that financial regulators already have the legal authority to implement new ru...

April 11, 2023, 1:15 pm

cfpb issues its final rule on small business lending

“This small business loan census will give the public key data on this market to ensure that banks and nonbanks are serving small businesses fairly....

March 31, 2023, 5:44 pm

Us consumer watchdog lays down rules on small business loan data

The U.S. government agency for consumer financial protection, Consumer Financial Protection Bureau (cfpb...

March 31, 2023, 12:14 pm

cfpb finalizes data-reporting rule for small-business lenders

The rule, mandated by Congress in 2010, will make lenders start collecting data in 2024 on how many applicants are approved or denied small-business l...

March 30, 2023, 9:14 pm


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