The agency was created after the 2008 financial meltdown, as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. That law was passed in the wake of the 2007 subprime mortgage crisis ...
A federal judge has rejected a claim by President Donald Trump's administration that it is legally barred from securing funding for the U.S. Consumer Financial Protection Bureau, noting a court order ...
Established in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) is a government agency intended to do exactly what its name states: protect consumers financially by ...
CHICAGO Attorney General Kwame Raoul today joined a coalition of attorneys general in suing the Trump administration to stop the complete defunding of ...
Over 190 House and Senate Democrats joined a letter vowing to protect CFPB A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...
The Supreme Court may decide as soon as Friday whether to tackle a new case that could further constrain the power of US regulators to delve into American businesses and individual lives. In recent ...
Bill Doak and his wife, Linda, were preparing to buy a new house this spring when a mortgage broker made an ominous declaration after scanning their credit report: “Oh my God, you’re in trouble.” The ...
Financial exploitation in the elder population has been on the rise, with financial institutions reporting quadruple the number of such incidences from 2013 to 2017, according to the Consumer ...
The billionaire Elon Musk and the California venture capitalist Marc Andreessen have started a debate about the role of government that we should be having — but it might not go the way they would ...
Michigan AG Dana Nessel sues to block the Trump administration from defunding the CFPB, which could affect consumer ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Consumer protection laws help keep businesses honest by shielding consumers against companies that operate with unfair, ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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