Millions of people use Cash App to send or receive money every day, but the popular peer-to-peer payment service is now preparing to pay millions of dollars of its own to customers who fell victim to ...

As part of a flurry of last minute regulatory activity by the Biden administration’s Consumer Financial Protection Bureau (CFPB or Bureau), on ...

A document circulated by the House Ways and Means Committee makes a number of suggestions for cutting federal spending, including revoking the federal tax exemption for credit unions and eliminating ...

The Consumer Financial Protection Bureau found that auto lenders' use of reposession agents spiked to nearly 70% in 2022, up from 31% in 2018, resulting in higher costs for consumers.

In the waning days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) on Jan. 10, 2025, issued a proposed interpretive ...

The Biden nominee is trying to pose as a friend of the little guy to keep his job under Trump.

ATLANTA, Ga. (Atlanta News First) - The Consumer Financial Protection Bureau (CFPB) this week ordered Equifax to pay $15 million for failing to conduct proper investigations regarding credit card ...

The effort got a boost last week from a top Federal Trade Commission official, who sent a letter to Gov. Jared Polis urging the state to target so-called “junk fees.” ...

The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.

A proposal targets “authorize positive, settle negative” charges and duplicative nonsufficient funds fees, but it would only apply to state-chartered banks.

Chopra remains one of the more important regulators from the Biden administration who's still on the job as Trump cleans house.

Efforts to conserve capital by suspending share buybacks in the initial stages of the pandemic paid off, and the company was able to navigate the uncertainty of 2020 and 2021 with ease. Discover is in ...