The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial marketplace.
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
Senate Republicans backed a Wednesday effort from Texas GOP Sen. Ted Cruz to defund the Consumer Financial Protection Bureau (CFPB). Cruz has unsuccessfully tried to disassemble the agency in the past and is now working to reduce the amount of funding it receives from the Federal Reserve to zero.
Recent data show the average rent has gone down over the last few months but that doesn’t necessarily mean all renters are doing well. Two new reports from
The Consumer Financial Protection Bureau (CFPB) issued guidance on the eve of the transition to a new administration that serves as a roadmap
The Consumer Financial Protection Bureau (CFPB) finds that renters are continuing to have a hard time paying their rent on time, and many are getting stuck
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency to be more restrained.
Just days before the inauguration, the Consumer Financial Protection Bureau (the CFPB) issued guidance to states in a report titled,
Understanding your rights as a consumer is more critical than ever. Financial rights education platforms have emerged as vital tools to bridge the gap between complex regulations and everyday financial decisions.
Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.