CFPB

Section 1033 May Fall Short of its Data Security and Open Banking Goals
Section 1033 May Fall Short of its Data Security and Open Banking Goals
March 03, 2025  |  Bank Regulation

There’s a rule of thumb in law that states that hard cases make bad law. The sentiment can be reworked a bit to extend to...

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CFPB Upheaval Leaves Hundreds of Millions in Settlements Unclaimed
CFPB Upheaval Leaves Hundreds of Millions in Settlements Unclaimed
March 03, 2025  |  CFPB

With the CFPB’s future in limbo, so too are hundreds of millions in consumer settlements. Get the Full Story Complete the form to unlock this article...

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Former CFPB Chief Technologist Tells Court Agency Cuts Put Data at Risk
Former CFPB Chief Technologist Tells Court Agency Cuts Put Data at Risk
February 28, 2025  |  CFPB

Former Consumer Financial Protection Bureau (CFPB) Chief Technologist Erie Meyer reportedly said in court documents filed Friday (Feb. 28) that the cancellation of cybersecurity contracts at the agency...

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Report: CFPB Employees Tell Court Leaders Plan to Wind Down Agency
Report: CFPB Employees Tell Court Leaders Plan to Wind Down Agency
February 28, 2025  |  CFPB

Several federal employees reportedly said in statements submitted for a lawsuit that the new leadership of the Consumer Financial Protection Bureau (CFPB) plans to wind...

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‘CFPB Has Gotten in the Way of Its Own Mission,’ McKernan Claims at Confirmation Hearing
‘CFPB Has Gotten in the Way of Its Own Mission,’ McKernan Claims at Confirmation Hearing
February 27, 2025  |  CFPB

Jonathan McKernan, appearing before the Senate Banking Committee during a hearing on his nomination to lead the Consumer Financial Protection Bureau, told lawmakers Thursday (Feb...

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CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
February 27, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) dropped a lawsuit against Capital One on Thursday (Feb. 27). Get the Full Story Complete the form to unlock this...

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Justice Department Says CFPB Will Be Streamlined, Not Dismantled
Justice Department Says CFPB Will Be Streamlined, Not Dismantled
February 25, 2025  |  CFPB

Justice Department attorneys reportedly said late Monday (Feb. 24) in court filings that the Trump administration plans to streamline, not dismantle, the Consumer Financial Protection...

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Will McKernan Bring a ‘Regulatory Light’ Touch to the CFPB?
Will McKernan Bring a ‘Regulatory Light’ Touch to the CFPB?
February 24, 2025  |  CFPB

This Thursday (Feb. 27), the Senate Committee on Banking, Housing and Urban Affairs is scheduled to hold a hearing on nominees to head a variety...

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Regulations at the Crossroads: Quieter Week in Washington Gives Way to High-Stakes Decisions
Regulations at the Crossroads: Quieter Week in Washington Gives Way to High-Stakes Decisions
February 24, 2025  |  Regulation

It wasn’t quite a manic Monday this week. But don’t bet on that relative calm to continue. While the past week in Washington lacked the...

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