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...
Federal Judge Orders Halt to Trump Administration Efforts to Dismantle CFPB April 1, 2025 By Douglas Gillison A U.S. judge has blocked the Trump administration and Elon Musk’s Department of Government Efficiency from pursuing efforts to dismantle...
Consumer Watchdog Seeks to Vacate Discrimination Case it Already Won March 28, 2025 By Douglas Gillison The top U.S. consumer finance agency on Wednesday asked a court to undo an enforcement case which the watchdog had...
Baltimore Loses Its Bid to Block CFPB Defunding But Another Challenge Is Pending March 17, 2025 By Jonathan Stempel A federal judge in Baltimore on Friday rejected the city’s effort to temporarily block the Consumer Financial Protection Bureau from...
CFPB Drops Suit Against US Banks Over Alleged Fraud on Zelle March 5, 2025 By Paige Smith The Consumer Financial Protection Bureau dismissed another Biden-era lawsuit, this one targeting some of the world’s largest banks for allegedly...