consumer financial protection bureau
A new report shows how the CFPB has helped service members and veterans who may be more susceptible to financial exploitation and scams.
The National Treasury Employees Union says the president is violating the constitutional separation of powers.
A new rule from the Consumer Financial Protection Bureau would cap many overdraft fees at just $5. It might not last.
The Consumer Financial Protection Bureau proposal would see the average fee fall from $32 to $8, the agency's director says.
WHAT'S HAPPENING
“Banks call it a service,” the president said. “I call it exploitation.”
The case to dismantle the CFPB ran into a hammer from the three liberal justices and marked skepticism from at least two of the conservatives.
Payday lenders’ challenge to the constitutionality of the agency’s funding has no basis in history and would have chaotic real-world ramifications.
The conservative majority will determine the future of the regulator long hated by big business.
The consumer banking giant agreed to settle charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages.
The bank will cut the overdraft fees it charges customers to $10 from $35 starting in May. It will also stop charging fees for bounced checks.