In October, the Consumer Financial Protection Bureau (CFPB) implemented the Personal Financial Data Rights final rule, allowing Americans to direct banks to share financial data…
In Q1 2025, regulatory enforcement in the financial sector saw a significant decline in both the number and value of fines. However, regulators maintained a…
US District Judge Mark Pittman has granted a request from the Consumer Financial Protection Bureau (CFPB) and various banking groups to eliminate a controversial rule…
The House of Representatives has passed a resolution to nullify a Consumer Financial Protection Bureau (CFPB) rule designed to regulate large nonbank entities like Google…
In October, the Financial Technology Association (FTA) filed a lawsuit against the new Buy Now, Pay Later (BNPL) rule to safeguard consumers and BNPL providers.…
Recent Senate developments regarding the CFPB rule have ignited debate over regulatory oversight in fintech. Republicans, led by Senators Pete Ricketts and Mike Flood, support…
The Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against major banks like JPMorgan Chase, Bank of America, and Wells Fargo over alleged fraud…
The Consumer Financial Protection Bureau (CFPB) has withdrawn its lawsuit against Capital One, which accused the bank of misleading customers about interest rates on its…
The Consumer Financial Protection Bureau (CFPB) has dismissed its lawsuit against Capital One, initially filed just before President Trump took office, which accused the bank…
The Consumer Financial Protection Bureau (CFPB) is halting operations following new director Vought’s directives, which order a stop to supervision, investigations, and stakeholder engagement. The…