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WASHINGTON - A decade-long Republican campaign to weaken the U.S. consumer watchdog’s independence is set to backfire if Democrat Joe Biden wins the presidential election, by handing him the ...
Companies are pushing to resolve pending cases with the Consumer Financial Protection Bureau. Their thinking: The agency will get a lot more aggressive if Joe Biden becomes president.
President-elect Joe Biden’s pick to lead the Consumer Financial Protection Bureau (CFPB) could temporarily take control of the agency as soon as Inauguration Day thanks to a precedent ...
The Consumer Financial Protection Bureau has proposed new rules that would lower overdraft fees, with President Joe Biden calling the charges “exploitative.”. No description available ...
President-elect Joe Biden is expected to nominate Rohit Chopra, the former student-loan watchdog at the Consumer Financial Protection Bureau, to lead the agency, according to people familiar with ...
Congress and the Obama administration set up the Consumer Financial Protection Bureau as a consumer advocate and industry watchdog in the wake of the 2008 financial crisis. Under the Trump ...
Currently, the nation’s biggest banks take in roughly $8 billion in the charges every year, according to data from the Consumer Financial Protection Bureau and bank public records.
During the past four years, the Trump administration has significantly scaled back the activities of the Consumer Financial Protection Bureau, the agency created in the wake of the 2008 financial ...
Consumer Financial Protection Bureau ordered to stop work: What to know about the agency "Vought is giving big banks and giant corporations the green light to scam families," Sen. Elizabeth Warren ...
Since Trump's appointees took over the CFPB in late 2017, it has imposed just a single fine on one of the nation's six largest banks.