Politics Apr 18 Mass layoffs at CFPB put on hold after judge blocks Trump administration By Michael Kunzelman, Associated Press
Nation Feb 10 Watch 5:00 Former CFPB director says Trump ‘begging for another financial crisis’ by closing agency The Consumer Financial Protection Bureau has been shut down by President Trump, at least for this week and possibly much longer. The agency, created by Congress after the 2008 financial crisis, has limited credit card fees, made mortgage loans easier… By Geoff Bennett, Courtney Norris
Politics Feb 09 Vought orders CFPB to stop investigations and suspend new rules from taking effect The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. By Christopher Rugaber, Associated Press
Politics Feb 01 Trump fires Rohit Chopra, director of the Consumer Financial Protection Bureau Chopra's tenure at the CFPB saw the removal of medical debt from credit reports and limits on overdrafts penalties, all based on the premise that the financial system could be fairer and more competitive in ways that helped consumers. By Josh Boak, Associated Press
Politics May 26 Regulators take aim at rapidly developing AI technology to protect consumers and workers The Consumer Finance Protection Bureau says it will hold companies responsible for using the technology in ways that comply with existing regulation. By Cora Lewis, Associated Press
May 18 Your financial accounts are safe, experts say. Here’s what protects them By Hannah Grabenstein With recent bank failures, rising interest rates and the looming debt ceiling collision that threatens to push the U.S. into a potential recession, it’s natural to feel some financial anxiety and wonder if your money is secure. Continue reading
Apr 11 WATCH: Federal government to act against ‘bad actors’ in medical debt collection, Harris says By News Desk The federal government will be taking action against "bad actors" who break the law when attempting to collect medical debt, Vice President Kamala Harris said on Monday. Continue reading
Feb 10 Watch 4:27 Consumers may lose protections in proposed payday lending changes By PBS NewsHour In a major win for the payday lending industry which gives quick loans at exorbitant interest rates, the Consumer Financial Protection Bureau is proposing changes to regulations that protect borrowers from being trapped in long-term debt. Ken Sweet, Associated Press’… Continue watching
Feb 03 Watch 24:59 PBS NewsHour Weekend full episode February 3, 2018 By PBS News Hour On this edition for Saturday, Feb. 3, President Trump claims vindication over the controversial congressional memo, and a DACA recipient and lawyer defends undocumented immigrants. Also, the dairy trade emerges as a major point of contention in NAFTA negotiations between… Continue watching
Feb 03 Watch 3:31 How will CFPB enforcement changes affect consumers? By PBS News Hour The Consumer Financial Protection Bureau is charged with making sure financial institutions treat consumers fairly. But the Trump administration this week stripped the federal agency's enforcement power that allowed it to pursue cases of lending discrimination. Renae Merle, a reporter… Continue watching