Dec 3, 2024 · The CFPB was created to provide a single point of accountability for enforcing federal consumer financial laws and protecting consumers in the financial marketplace. Before, that responsibility was divided among several agencies.

The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.

5 days ago · 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 ...

2 days ago · NEW YORK (AP) — The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is the latest U.S. government agency to have its work halted by the Trump administration.. Conservatives have long targeted the work of the CFPB.

4 days ago · Here's what to know about the CFPB. It was created in response to the 2008 financial crisis. Washington was looking for solutions after the devastating collapse of the U.S. banking system in 2008 ...

Feb 3, 2025 · The Consumer Financial Protection Bureau (CFPB) is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers …

The Consumer Financial Protection Bureau (CFPB) helps consumers by providing educational materials and accepting complaints. It supervises banks, lenders, and large non-bank entities, such as credit reporting agencies and debt collection companies.

Oct 22, 2024 · The CFPB finalized a rule to give consumers greater rights, privacy, and security over their personal financial data by requiring providers to unlock personal financial data for free.

Feb 6, 2025 · The Consumer Financial Protection Bureau—the small federal agency with a big mission to help consumers navigate the financial marketplace—could effectively be shutting down for the next four...

4 days ago · The CFPB issued a separate rule last March that appears to be all but defeated. That move slashed the typical credit card late fee from $32 to $8, drawing swift legal pushback from card issuers .