Page 43 - Cfpb News Today

News from the oval office includes the SEC Charges Pharmaceutical Co. Chief Information Officer for insider trading, FTC Restores Rigorous Enforcement of Law Banning Unfair Methods of Competition, and FCC Seeks to Cut Off Likely Source of Student Loan Scam Robocalls.

The CFPB's recent guidance on so-called "unfair" bank fees has created legal turmoil for banks and financial firms after the White House claimed the bureau's actions were settled law.

The possibility of regulatory chaos if the Consumer Financial Protection Bureau's funding is declared unconstitutional should not deter the courts from following the law.

Consumer Financial Protection Bureau took the first step to put into place a comprehensive privacy rule that would impact how consumers can manage their financial data. Comprehensive privacy rule would apply broadly and would impact businesses and banks of all sizes.

Biden's student loan forgiveness plan is currently paused, but the CFPB found millions of borrowers are banking on its implementation before January.

Open data could be a game changer for small and medium-sized businesses. We need a regulatory structure that recognizes this.

Dive into the Fifth Circuit decision in CFSAA v. CFPB. The Fifth Circuit ruled CFPB’s automatic funding structure violates the Constitution but what are the next steps, what is the impact for small lenders and mortgage companies, and what compliance challenges will CFPB face.

The president is responding to critics who say many of Democrats' key policies do not address core expenses for Americans.

The bureau said it wants additional comment on business practices at technology giants, including whether companies are adhering to key consumer protections.

Wells Fargo, which set aside $2 billion last quarter to deal with legal matters, said it's in discussions with the Consumer Financial Protection Bureau to resolve investigations.