A new rule from the CFPB aims to empower consumers by granting them control over their financial data. But that assumes we have the ability to do that. Bad assumption.

By keeping payment data out of consumers' credit reports, lenders are limiting competition between each other — to consumers' ...

Major life changes, particularly divorce, emerged as another significant debt trigger. The shift from a dual to a single ...

Chopra’s union hypocrisy is even more pointed. As CFPB director, he vigorously enforces mandate after mandate on private ...

On Thursday, November 21, 2024, the Consumer Financial Protection Bureau (CFPB) published a final rule that will soon provide it with ...

Trump hasn’t yet returned to office, and the biggest banks keep notching wins. The nation’s biggest banks have just in the ...

The agency has finalized a new rule granting it unprecedented supervisory powers over major players like PayPal, Apple Pay, Google Pay, and others. While smaller companies ...

You might get approved to finance a car with a poor credit score -- but it'll cost you. Read on to find out more.

With a new administration and GOP-controlled Congress, a wild swing in regulatory policy is coming to the Consumer Financial ...

The chairs of the Security and Exchange Commission and Federal Communication Commission said they will step down from their ...

The Consumer Financial Protection Bureau has finalized a new rule introducing federal oversight for major digital payment apps like Venmo, Cash App, and PayPal. The rule takes effect 30 days after its ...

The U.S. Consumer Financial Protection Bureau will now treat tech companies that offer digital wallets and payment apps more ...