Ex-FDIC official McKernan nominated as new CFPB director
Amid the uncertainty surrounding the Consumer Financial Protection Bureau, President Donald Trump has nominated a new director to lead the agency. Trump nominated ...
Tag: Consumer Financial Protection Bureau
CFPB pause prompts concern of ‘regulatory vacuum’
Lenders must be mindful of existing consumer law and state-level enforcement despite the current pause in enforcement activity by the ...
Section 1071 ‘likely dead’ as CFPB’s work is halted
Section 1071, a new regulatory challenge that equipment lenders have been gearing up for, may have just vanished into thin ...
DOGE-backed halt at CFPB comes amid Musk’s plans for ‘X’ digital wallet
In another weekend takeover of a federal agency's operations, staffers from an efficiency initiative led by billionaire Elon Musk helped ...
CFPB fires Rohit Chopra, ceases active litigation
The Trump administration fired Consumer Financial Protection Bureau Director Rohit Chopra on Feb. 1, prompting questions regarding pending cases and the bureau’s direction. ...
Trump fires Biden’s consumer protection watchdog Rohit Chopra
Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration, ...
Musk calls for abolishing consumer finance agency: ‘Delete CFPB’
Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting the renewed threat under President-elect Donald Trump to ...
US banks prepare for new era of consumer financial data sharing
US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a ...
