Ted Cruz Leads Republican Charge to Defund Consumer-Protection Agency
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...
FTC's 'click to cancel' just kicked in, but unsubscribing may not get easier just yet - here's why
The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for ...
American Banker5d
Mufarrige to lead FTC's Bureau of Consumer Protection
Christopher Mufarrige is named acting director of the FTC's Bureau of Consumer Protection; TD Bank promotes Andrew Stewart, ...
Will Trump kill the CFPB? The bureau’s future is unclear under the new administration
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
Reason3d
Abolish the CFPB
That's the Consumer Financial Protection Bureau (CFPB), an institution ... Existing agencies like the Federal Trade Commission and state regulators already police fraud and try to ensure transparency.
US consumer bureau fines Equifax $15 million over handling of consumer disputes
The U.S. Consumer Financial Protection Bureau announced on Friday it had fined credit reporting bureau Equifax $15 million ...
Cash advance apps: Financial relief, or "loan shark in your pocket"?
"By offering predatory credit with just a few taps on your cell phone, cash advance apps are a loan shark in your pocket ..
JD Supra12d
CFPB's Proposed Rule Targets Consumer Financial Contracts
The Consumer Financial Protection Bureau (CFPB) issued a proposed rule under Regulation AA to address the use of restrictive and coercive clauses ...
More than half of Americans think inflation hits military families harder than civilians, survey finds
Inflation, rising costs, and financial scams are taking a toll on service members and their families. Consumer Investigator ...