The CFPB has recently dismissed two more enforcement actions—one against a major credit reporting agency and another against a lease-to-own financing provider. Both lawsuits involved allegations of abusive, unfair, and deceptive acts and practices. On February 28, the CFPB dismissed its lawsuit against a ...

Sen. Elizabeth Warren (D-Mass.) on Monday slammed the Trump administration’s reported efforts to shutter the Consumer Financial Protection Bureau (CFPB) as “another scam.” “If you have a bank account, or a credit card, or a mortgage, or a student loan ...

According to MPC, fees for Visa and Mastercard credit cards increased more than 10% in one year – nearly triple the $39.1 billion in swipe fees seen in 2014. Credit and debit card swipe fees reached a new high of ...

Terminated employees at the Consumer Financial Protection Bureau (CFPB) have been brought back to work in response to a judge’s order — sort of. Probationary employees (a class of government workers who are newer to an agency or role) received ...

Michelle Bowman© Photographer: Al Drago/Bloomberg (Bloomberg) -- President Donald Trump picked Federal Reserve Governor Michelle Bowman to serve as the central bank’s vice chair for supervision, a move cheered by Wall Street banks and smaller lenders who expect she’ll be ...

Bloomberg News A Maryland judge Thursday put a temporary halt to firings of probationary employees at the Consumer Financial Protection Bureau, Federal Deposit Insurance Corp., Department of Treasury, Small Business Administration and several other federal agencies. Judge James K. Bredar ...

A federal judge denied a request from the city of Baltimore to put a temporary stop on the Trump administration’s efforts to send the Consumer Financial Protection Bureau’s reserve funds back to the Federal Reserve or the Treasury Department. Judge ...

NASHVILLE, Tenn. (WTVF) — A bill allowing interest rates to increase to 36% at payday lending places is now headed to Tennessee Gov. Bill Lee's desk. HB775/SB694 would allow for any amount of $100 or more to have an effective ...

Vroom settled charges with the Federal Trade Commission in July that the former online used-car retailer failed to follow the Mail, Internet, and Telephone Order Rule, the Pre-Sale Availability Rule, and the Used Car Rule. Last week, the FTC said ...