The CFPB's 2024 final rule on credit card late fees has been vacated as a result of the lawsuit filed by several banking industry trade groups challenging the rule’s validity. As previously covered in ...
On April 15, the U.S. District Court for the Northern District of Texas vacated the CFPB’s Credit Card Late Fee Rule pursuant to a joint motion for entry of consent judgment reached by the parties.
The federal watchdog for consumer financial products has been stripped of its enforcement capabilities, but the data remains ...
Senate Republicans on Wednesday shot down more than a dozen measures backed by Democrats to undo the Trump administration’s ...
This story was originally published by ProPublica, a nonprofit newsroom that investigates abuses of power. Sign up to receive their biggest stories as soon as they’re published. Rebecca Sheppard ...
Vanessa Romo is a reporter for NPR's News Desk. She covers breaking news on a wide range of topics, weighing in daily on everything from immigration and the treatment of migrant children, to a ...
A Texas judge earlier this month threw out a federal rule that would have capped credit card late fees at $8.Related video above: Credit card security feature protects you from scammersThe Consumer ...
Credit Acceptance Corporation announced that the Consumer Financial Protection Bureau (CFPB) has filed an unopposed motion to withdraw from a lawsuit it initiated with the New York Attorney General ...
Massive cuts by the Trump administration have seriously diminished the Consumer Financial Protection Bureau's (CFPB) oversight of credit bureaus, according to a new ProPublica report. Launched in the ...
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