Consumer Watchdog Proposes End to Civil Rights-Era Anti-Discrimination Requirements November 17, 2025 By Douglas Gillison he U.S. federal consumer finance watchdog on Wednesday proposed narrowing key civil-rights-era anti-discrimination requirements for the financial industry, advancing Republican...
Consumer Bureau to Narrow ‘Disparate Impact’ in Civil Rights Lending Law: Sources November 12, 2025 By Douglas Gillison The U.S. Consumer Financial Protection Bureau plans to propose in the coming days narrowing a key part of civil-rights era...
Trump Administration Targets State Laws Shielding Credit Reports From Medical Debt October 31, 2025 By Ken Sweet The Trump administration is moving to overrule any state laws that may protect consumers’ credit reports from medical debt and...
New York AG Sues Zelle, Claims Lax Security Led to $1 Billion Consumer Fraud Losses August 14, 2025 By Jonathan Stempel Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to...
More Than $360M in CFPB Compensation ‘at Risk,’ Say Consumer Groups July 30, 2025 By Douglas Gillison Recent actions by the U.S. Consumer Financial Protection Bureau have reversed or jeopardized more than $360 million in compensation paid...
Industry Trades Throw Support Behind Bill to Affirm State Regulation of Insurance July 29, 2025 By Chad Hemenway The National Association of Mutual Insurance Companies (NAMIC) is supporting a bill first introduced more than 18 months ago to...
MoneyGram Settles With NY Over Transfers After US Consumer Bureau Quits Case June 17, 2025 By Jonathan Stempel MoneyGram agreed to pay a $250,000 fine to settle a New York state lawsuit over its remittance transfers, two months...
Federal Court Blocks CFPB Move to Scrap Racial Discrimination Settlement June 16, 2025 By Douglas Gillison A federal judge in Chicago on Thursday refused to allow the U.S. Consumer Financial Protection Bureau to vacate a racial...
Capital One to Pay $425 Million to Settle Claims Over Savings Accounts May 19, 2025 By Jonathan Stempel Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out...
Toyota Settlement, Walmart Lawsuit Scrapped by CFPB May 14, 2025 By Douglas Gillison The U.S. Consumer Financial Protection Bureau has canceled a 2023 settlement with the financing arm of Toyota over allegations the...