The Latest Breaking News from CFPB

Musk wants to "delete" CFPB

The Consumer Financial Protection Bureau was created in 2008 to protect people from predatory financial practices

Salon · Nov 27, 2024

Consumer Financial Protection Bureau finalizes rule to supervise apps like Google Wallet

Big tech companies ended up creating "critical financial tool," hence why the CFPB wants oversight.

Android Central · Nov 21, 2024

CFPB's Future Uncertain: Bankers Anticipate Changes Under Trump Administration

Although the open banking regulation of the Consumer Financial Protection Bureau (CFPB) is intended to safeguard consumer rights, bankers anticipate changes under the Trump administration, which might curtail the agency's authority.

International Business Times · Nov 14, 2024

Apple Card Fail: Apple and Goldman Sachs Fined $89 Million

The CFPB fined Apple and Goldman Sachs $89 million for the mishandling of transaction disputes and misleading iPhone purchasers about interest-free payment options.

Kiplinger · Oct 24, 2024

US Fines Apple And Goldman Sachs Over Apple Card

The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker's credit card.

International Business Times · Oct 23, 2024

Apple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders

A federal regulator has ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled Apple Card customers' transaction

The Independent UK · Oct 23, 2024

New 'Open Banking' Rule Enhances Consumer Choice, Simplify Switching Financial Services

The new rule aims to encourage competition and expand consumer choices, which is expected to lower loan prices and enhance customer service across the payments, credit, and banking sectors.

International Business Times · Oct 23, 2024

Even Political Rivals Agree That Medical Debt Is an Urgent Issue

About 100 million people in the U.S. are burdened by health care debt. Democrats and Republicans in statehouses around the country have been quietly working together to tackle the crisis.

Kiplinger · Oct 18, 2024

IRS Solar Tax Credit Payouts Soar as Scams Target Homeowners

Clean energy tax credits are paying off for many, but experts warn of increasing scams.

Kiplinger · Sep 30, 2024

US Families Are Losing Money Over School Lunch Payments: How A Simple $2.50 Fee Turns Into A Staggering $100M Scam

Parents are swindled in a school lunch scam as they barely notice the processing fees when using the pre-paid system to cover their children's school lunches.

International Business Times UK · Sep 27, 2024