Page 10 - Cfpb News Today

The CFPB said that from 2015 to 2021, Citi “treated Armenian Americans as criminals who were likely to commit fraud.”

The Consumer Financial Protection Bureau on Tuesday proposed to regulate tech giants' digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but lack consumer safeguards.

If you’re a bank that issues credit cards, you have to be jumping for joy.

Groups that advocate for America’s troops say federal agencies are falling short on helping to offset economic struggles facing service members and their families as they battle inflation and other challenges such as unemployment among military spouses. Military spouse unemployment rates have been “persistently high” in the past decade despite efforts from the Department of…

On October 11, the Biden-Harris administration, through the Bureau of Consumer Financial Protection (CFPB) and Federal Trade Commission (FTC), announced new actions aimed at cracking down...

American cardholders paid a record $130 billion in interest and fees in 2022, according to a new CFPB report.

"Youre flying in the face of 250 years of history." Supreme Court Justice Elena Kagan sounded extremely sceptical of during the oral arguments in a case that could dismantle consumer protections on payday lending practices.

Banks required to ask personal info for CFPB to publish on public web site

FTC and CFPB say actions harmed renters and violated fair credit laws

(Reuters) -U.S. consumers would be able to more easily transfer their data between financial services providers under a long-awaited Consumer Financial Protection Bureau (CFPB) proposal unveiled on Thursday that would boost competition between financial technology firms. The so-called open banking draft rule, which officials say they hope to finalize in 2024, would supercharge competition by giving customers "the power to walk away from bad service" and more easily switch providers, C...