Trump Pick To Lead CFPB Clears Key Senate Hurdle
March 6, 2025 11:59 pmBy Douglas Gillison and Pete Schroeder WASHINGTON (Reuters) -A Senate banking panel voted on Thursday to advance President Donald Trump’s... View Article
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Late Car Payments Hit Highest Rate In More Than 30 Years
March 6, 2025 11:43 pmAmerican consumers are missing monthly car payments at the highest rate since 1994. The share of subprime auto borrowers who... View Article
Senate Moves To Nullify CFPB From Overseeing Digital Payment Apps
March 6, 2025 9:42 pmThe US Senate on Wednesday voted to nullify a Biden-era rule that allowed the Consumer Financial Protection Bureau (CFPB) to... View Article
CFPB Drops Case Against Rent-a-Center Unit In Latest Pullback
March 6, 2025 9:40 pmUpbound Group’s subsidiary Acima Leasing announced that the U.S. Consumer Financial Protection Bureau (CFPB) has voluntarily dismissed its lawsuit against... View Article
CFPB Refreshes Website, Details Stop-Work Miscommunication
March 6, 2025 8:47 pmDonald Trump’s nominee for Office of Management and Budget Director Russell Vought arrives for a Senate Homeland Security and Governmental... View Article
Republicans move to repeal Biden’s CFPB rule capping overdraft fees
March 6, 2025 7:56 pmRepublicans in Congress are trying to overturn a Biden-era rule that would slash excessive overdraft fees charged by big banks.... View Article
Congressional Actions Against CFPB Overdraft, Digital Payments Rules May Spur Financial Services Innovation
March 6, 2025 7:13 pmWednesday’s (March 5) actions in Congress against two Consumer Financial Protection Bureau (CFPB) rules — one governing digital payments providers,... View Article
House Committee adopts resolution to nullify CFPB overdraft rule
March 6, 2025 5:10 pmThe House Financial Services Committee on March 5 took the first step toward repealing the CFPB’s overdraft rule, adopting a... View Article
CFPB drops lawsuit against Zelle operator and major banks
March 6, 2025 5:06 pmThe Consumer Financial Protection Bureau (CFPB) has withdrawn its lawsuit against Early Warning Services (EWS), the operator of the Zelle... View Article
Visa and Mastercard face regulatory action over lack of competition
March 6, 2025 4:47 pmVisa and Mastercard account for 95% of all debit and credit card payments in the UK © Bloomberg Visa and... View Article
