CFPB RIP” was Elon Musk’s tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, President Donald Trump.Rohit Chopra, former director of ...

The bureau's latest rulemaking agenda, posted this week by the Office of Budget and Management, reflects the efforts of CFPB Director Rohit Chopra to reduce a wide range of bank fees charged including ...

The CFPB has oversight of financial institutions and says banks rake in $12 billion a year on credit card late fees -- and that's just the beginning. "These include not-sufficient fund fees ...

Such fees cost families upwards of $100 million a year, according to the CFPB. In its study, the CFPB found that, on average, processors for school-lunch programs typically charge $2.37, or 4.4% of ...

The increased consumer costs from the CFPB's rollback of regulations on bank fees, wholesale dismissal of cases against ... the workforce by about 90% and sharply curtail its industry oversight.

The Consumer Financial Protection Bureau, emboldened under President Biden, is targeting what the watchdog agency says are exploitative “junk fees,” such as bank overdraft fees, that drain ...

It is also notable to observe that the CFPB has yet again focused on limiting certain fees and strengthening its oversight in the consumer financial industry while avoiding more formal rule-making ...

In July, Warren, the architect of the CFPB, called for more robust oversight of overdraft practices as a way to aid struggling families. Just before Chopra announced heightened scrutiny of banks’ ...

In January 2022, the Consumer Finance Protection Bureau launched an initiative to scrutinize back-end fees charged to retail banking customers, terming these “junk fees.” ...

Continuing its vigorous effort to eliminate so-called “junk fees,” and detailing other problematic mortgage servicer activities, the Consumer Financial Protection Bureau (CFPB) recently ...

The personal impact of the 2008 housing crisis on a student's family reveals why the Consumer Financial Protection Bureau ...