Conservatives have long targeted the work of the CFPB. Critics complain the independent agency, funded by the Federal Reserve System, lacks sufficient supervision and regularly exceeds its ...

A federal judge on Friday handed the Trump administration a win by declining to temporarily block its bid to strip the Consumer Financial Protection Bureau (CFPB) of its reserve funds, after ...

Since then, the CFPB has issued 30 other orders against banks and financial services groups totaling at least $280 million in total consumer redress, according to actions tracked by American Banker.

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The Consumer Financial Protection Bureau (CFPB) was launched in 2011 in response to the 2008 banking crisis, which destabilized millions of Americans. This new U.S. government agency’s intent ...

U.S. District Judge Matthew Maddox said Baltimore did not deserve a preliminary injunction because it was unlikely to prove the CFPB made or acted upon a "discrete and final" decision to defund ...

Baltimore Bid to Halt US CFPB Defunding Rejected by Judge By Jonathan Stempel (Reuters) - A federal judge in Baltimore on Friday rejected the city's effort to temporarily block the Consumer ...

He has even dropped several cases filed by the CFPB under former President Joe Biden’s watch. The agency aims to protect consumers from fraudulent practices in the financial industry.

Fraud protection requirements – The CFPB was developing solutions to combat $10 billion in annual fraud losses and require banks and payment apps to reimburse victims. This work appears to be ...

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