Browsing: CFPB

Processing ContentWhat’s at Stake: The request to fund the CFPB ends weeks of uncertainty about the agency’s future. Supporting Data: In November, the Department of Justice’s Office…

Processing ContentWhat’s at Stake: Russell Vought, who also leads the Office of Management and Budget, has publicly stated his intent to shut down the CFPB, and…

Key insight: The Trump administration would violate an existing court order if it allows the CFPB to run out of funding by declining to request money…

Key Insight: Acting Consumer Financial Protection Bureau Director Russell Vought claims the CFPB will run out of money in early January, an issue that may be…

,Key insights: The Consumer Financial Protection Bureau in an advisory opinion said that “covered” earned wage access products should not be considered an extension of credit…

Processing ContentKey Insight: The U.S. Court of Appeals for the D.C. Circuit granted the National Treasury Employee Union’s petition for an en banc rehearing, vacating a…

Key insights: A Consumer Financial Protection Bureau report on Pay in 4 buy now/pay later loans found that from 2022 to 2023 loan volume, users and…

Key Insight: Acting Consumer Financial Protection Bureau Director Russell Vought says he cannot request money for the bureau because the Federal Reserve System has not turned…

Key Insight: The Consumer Financial Protection Bureau’s new “Humility Pledge” is mandated for all supervisory examiners, with a focus on pressing threats to consumers, particularly service…

Key Insight: Acting CFPB Director Russell Vought claims the agency will run out of funding by year-end and cannot pay employees, so it is transferring its…