Consumer Financial Protection Bureau

Following Court Orders, CFPB Extends Small Business Lending Rule Deadlines
Following Court Orders, CFPB Extends Small Business Lending Rule Deadlines
June 25, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has extended the compliance dates for its small business lending rule pursuant to court orders. A federal court in Texas stayed...

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CFPB Targets Medical Debt — That Could Increase the Cost of Healthcare
CFPB Targets Medical Debt — That Could Increase the Cost of Healthcare
June 24, 2024  |  CFPB

The Consumer Financial Protection Bureau’s (CFPB) rules that seek to remove medical debt from credit reports and cap card late fees are proving wildly popular...

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At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
At Senate Hearing, CFPB’s Chopra Warns of ‘Financial Surveillance’
June 12, 2024  |  CFPB

Consumer Financial Protection Bureau Director Rohit Chopra took note during his Wednesday appearance before the Senate Banking Committee that companies including PayPal and JPMorgan are...

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McHenry Says CFPB Proposal Would ‘Severely Impair’ Credit Report Accuracy
McHenry Says CFPB Proposal Would ‘Severely Impair’ Credit Report Accuracy
June 11, 2024  |  CFPB

House Financial Services Committee (HFSC) Chairman Patrick McHenry, R-N.C., condemned a proposed rule announced Tuesday (June 11) by the Consumer Financial Protection Bureau (CFPB), saying...

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CFPB Issues Proposed Rule Banning Medical Bills From Credit Reports
CFPB Issues Proposed Rule Banning Medical Bills From Credit Reports
June 11, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has issued a proposed rule that would ban medical bills from credit reports. The proposed rule would stop credit reporting companies...

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Are Fireworks Ahead as CFPB Director Testifies on Capitol Hill?
Are Fireworks Ahead as CFPB Director Testifies on Capitol Hill?
June 10, 2024  |  CFPB

Consumer Financial Protection Bureau Director Rohit Chopra is set to testify on Capitol Hill this week. He is scheduled to appear before the Senate Banking...

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5 Things to Watch as Open Banking Gains Ground in the US
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024  |  Regulation

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from...

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CFPB to Consult Consumers and Small Businesses on Open Banking Standards
CFPB to Consult Consumers and Small Businesses on Open Banking Standards
June 05, 2024  |  Bank Regulation

In the move to solidify the framework for open banking, the field for just who will help set the standards is wide open. News came...

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CFPB Aims to to Speed Shift to Open Banking in the U.S.
CFPB Aims to to Speed Shift to Open Banking in the U.S.
June 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate open banking. The U.S. consumer watchdog on Wednesday (June 5)...

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