Toyota to pay $60 million for illegal lending, credit reporting misconduct-US regulator
Toyota's U.S.-based auto financing unit will pay $60 million in fines and restitution to settle a U.S. regulator's
2023-11-20 22:59
Analysis-US consumer watchdog hands Wall Street rare win with Big Tech crackdown
By Hannah Lang The U.S. consumer watchdog, not usually known to side with Wall Street lenders, has handed
2023-11-17 19:21
Citigroup to pay $25.9 million to settle U.S. discrimination claims
Citigroup Inc has agreed to pay $25.9 million to settle U.S. Consumer Financial Protection Bureau charges it intentionally
2023-11-08 21:59
US consumer watchdog proposes rules for Big Tech payments, digital wallets
WASHINGTON The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants' digital payments and smartphone
2023-11-08 01:22
US consumer watchdog proposes new financial data sharing rules in competition boost
By Douglas Gillison U.S. consumers would be able to more easily transfer their data between financial services providers
2023-10-19 23:59
Biden to announce new actions slashing junk fees
President Joe Biden is expected to unveil new efforts to crack down on junk fees during an event at the White House Wednesday, while announcing $2 billion in savings and $140 million in consumer refunds from previous crackdowns on junk fees from the Consumer Financial Protection Bureau.
2023-10-11 17:57
US consumer watchdog: proposed 'open banking' rule due this month
The top U.S. agency for consumer financial protection will release a much anticipated regulatory proposal later this month
2023-10-06 23:24
The fate of this consumer watchdog is in the hands of the Supreme Court
On Tuesday, the Supreme Court began hearing oral arguments in a case that will determine the fate of the Consumer Financial Protection Bureau.
2023-10-04 06:18
Will the Supreme Court's conservatives bring out the 'bulldozer' on the consumer protection agency?
When the Supreme Court ruled against the federal agency that protects consumers from financial scams in 2020, it let the agency keep operating, opting for "a scalpel rather than a bulldozer in curing the constitutional defect."
2023-10-03 18:24
US Supreme Court to hear case targeting consumer financial watchdog
By John Kruzel WASHINGTON The U.S. Supreme Court is set on Tuesday to hear a challenge to the
2023-10-03 18:19
US Senator Warren: Supreme Court CFPB case threatens all bank regulators
By Douglas Gillison A case due to come before the U.S. Supreme Court next week has the potential
2023-09-29 02:26
Conservatives hope Supreme Court defangs US consumer watchdog
By John Kruzel WASHINGTON The U.S. Consumer Financial Protection Bureau is currently pursuing nearly two dozen lawsuits accusing
2023-09-12 18:28