Global cross-border payments company Wise Plc agreed to a $2.5 million settlement with the Consumer Financial Protection ...

President Donald Trump’s firings sets up another major legal clash over Congress’ power to put limits on the removal of ...

In this article, we share a timeline of our monthly "bites" for 2024 applicable to the credit card industry. The year saw the CFPB give a fair ...

The Trump administration and Congress must end the weaponization of financial rules and attempts at censorship by financial regulators.

Neither Capital One nor Discover are in financial distress leading up to the shareholder vote. Capital One topped earnings estimates for 2024’s fourth quarter, and Discover also posted strong results ...

The CFPB reports that US servicemembers pay more for auto loans than civilians, highlighting larger loans, smaller down ...

The Trump administration is poised to oust Biden-era appointee Rohit Chopra as director of the Consumer Financial Protection Bureau and is considering either the Treasury Department or the White House ...

Ted Cruz's new bill would target money allocated for the CFPB by the Federal Reserve and reduce it to zero, the WSJ reports.

On January 10, 2025, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a proposed interpretive rule that would expand the ...

CEO Andretta noted upgrades in Bread Financial’s rating outlooks by Moody’s and Fitch, moving from stable to positive. CFO Perry Beberman reported that the company generated adjusted income from ...

Pressing tech items across banking include the Federal Deposit Insurance Corp.'s impending Synapse rule and Regions Bank's ...

You’d expect the Mafia to be debanked, but when even members of the PayPal Mafia are debanked on a whim, it’s time to sound the alarm. In 2019, Roelof Botha—Managing Partner at Sequoia Capital and an ...