News

DOGE is slashing 90% of a federal agency designed to prevent another financial crisis
Elon Musk has long said he wanted to "delete" the CFPB. That move is now underway.
American Banker2d
CFPB shifts enforcement to states, stops nonbank oversight
An internal Consumer Financial Protection Bureau memo says the agency will shift enforcement and supervisory work to the ...
Banking Dive8d
House votes to overturn CFPB overdraft rule
The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...
A new internal memo from the CFPB says it will 'deprioritize' its student-loan oversight in Trump's latest move to overhaul the consumer watchdog
Business Insider reviewed an internal memo from the CFPB calling on its employees to "deprioritize" student loans, medical ...
ProPublica23d
Fend for Yourself: Under Trump, Consumer Protection Bureau’s Probes of Big Tech and Finance Firms Freeze Up
The actions effectively freed major financial firms like Capital One and the mortgage giant Rocket ... hands-off approach to enforcement at the CFPB extends far beyond those public lawsuits.
Banking Dive4d
CFPB drops case against Comerica
The bureau dismissed the case without prejudice – meaning it could refile the lawsuit – setting it apart from other recent ...
Forbes3d
Capital One Savings Account Interest Rates In 2025
The issue boiled down to Capital One purportedly not informing those with a “360 Savings” account that they could earn more with the “360 Performance Savings” option. The CFPB, under ...