Politics Apr 18 Mass layoffs at CFPB put on hold after judge blocks Trump administration By Michael Kunzelman, Associated Press
Politics Mar 28 Federal judge blocks Trump administration from dismantling Consumer Financial Protection Bureau U.S. District Judge Amy Berman Jackson agreed to issue a preliminary injunction that maintains the agency’s existence until she rules on the merits of a lawsuit seeking to preserve the agency. 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 10 How the Trump administration moved to shut down the consumer protection agency’s headquarters Over the weekend, some staff members at the Consumer Financial Protection Bureau saw a sign of trouble to come. By Chris Megerian, Associated Press
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
Feb 01 Trump fires Rohit Chopra, director of the Consumer Financial Protection Bureau By Josh Boak, Associated Press 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. Continue reading
Jun 12 How banning medical debt from credit reports could help millions of Americans By Laura Santhanam By banning medical debt from being included in credit reports, this proposed rule from the Biden administration aims to address increasing discontent over the economic burden that can go hand-in-hand with serious health problems. Continue reading
Jun 11 Biden administration pushes to remove Americans’ medical debt off most credit reports By Tom Murphy, Associated Press The Consumer Financial Protection Bureau said Tuesday it is planning a rule that would prevent lenders from making decisions based on medical information. Continue reading
Mar 05 WATCH: Biden administration to cap credit card late fees at $8 in move against junk fees By Ken Sweet, Josh Boak, Associated Press The Biden administration has portrayed the White House Competition Council as a way to save people money and promote greater competition within the U.S. economy. Continue reading
Jan 17 New regulation proposed by Biden administration would limit overdraft fees at big banks to as low as $3 By Ken Sweet, Cora Lewis, Associated Press Under the proposal, banks would have to show how much it costs for them to run overdraft services, or instead charge a benchmark fee that could be as little as $3. Continue reading