The move overturns the bureau’s effort to cap overdraft fees at $5. The American Bankers Association also dropped its lawsuit ...

President Trump signed two congressional rollbacks of Biden-era rules from the Consumer Financial Protection Bureau (CFPB) ...

The immediate effect of the CFPB's rescission is a rollback in perceived enforcement ... On the other hand, this regulatory change shifts enforcement responsibility to the states, creating ...

Retail cards hit a record high average interest rate of 30.5% last year, according to a Bankrate survey, and rates have ...

The reversal comes as a surprise to many, especially given growing concerns over how personal data is collected and sold in the U.S. With the rise of digital technologies, data brokers have amassed ...

The Trump administration has taken aggressive steps to dismantle the CFPB, initially proposing to shut it down completely. It later suggested the agency could operate with just 10% of its current ...

The Trump administration says it will nominate Jonathan McKernan to serve as Treasury undersecretary for domestic finance.

New Jersey Attorney General Matthew J. Platkin co-led a coalition of 23 attorneys general on Friday in filing a legal brief ...

called Friday’s rollback a “decisive victory for American consumers, small businesses, and financial innovation.” “We applaud President Trump for taking action against regulatory overreach ...

Some policies the industry group is calling for the Office of Management and Budget to definitively rescind have already been ...

Experts also expect the CFPB to roll back some of its previous advisory ... actions and court orders in a new federal database — a regulation widely criticized by the mortgage industry.