The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.

The CFPB ordered Block to update its business practices to comply with the law, pay between $75 and $120 million to users whose unauthorized transfers weren't investigated and send a $55 million penalty to the CFPB's victim relief fund. Block agreed to the settlement but disagreed with the CFPB's characterizations of the company's actions.

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.

Just days before the inauguration, the Consumer Financial Protection Bureau (the CFPB) issued guidance to states in a report titled,

In the waning days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) on Jan. 10, 2025, issued a proposed interpretive

The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.

The Consumer Financial Protection Bureau has imposed a $15 million fine on Equifax, a consumer reporting agency, for failing to adequately investigate cons

Equifax will pay a $15 million penalty for failing to properly investigate credit report disputes.

A recent court order issued in New York should concern any financial institutions that allow consumers to initiate wire transfers online.

Looking ahead, the analyst has adjusted the estimates for 2025 and 2026 downward to $10.35 and $10.15, respectively, from the previous $11.25 and $11.20. This revision is based on the expectation of lower U.

The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card companies. Here's how to file a complaint.

High-yield savings accounts still offer high rates when compared to historic interest rates. Find out when it's still better to use a checking account.