Unions and nonprofits had requested a temporary injunction against DOGE, claiming it is not a valid agency. District Judge John Bates ruled late last week that DOGE likely…
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OMB Director Announces Halt of Unappropriated Funds to CFPB
Newly confirmed, Director Vought is set to be an important contributor to reducing federal programs and spending. White House Office of Management and Budget Director Russ Vought announced…
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CFPB Sues Capital One for Cheating Customers Out of $2 Billion in Interest
The bureau alleges the company published misleading communications about new savings accounts. The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against the bank Capital One for…
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CFPB Finalizes Rule Barring Medical Debt from Credit Reports
The bureau restored a provision of the 1970 Fair Credit Reporting Act. The Consumer Financial Protection Bureau (CFPB) issued a final rule to block credit reports from including…
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Federal Court Orders Jeweler to Reopen Refund Claims for Customers
Retailer violated settlement terms by closing portal – consumers are encouraged to act before the December 21 deadline. Harris Jewelry was found to be in violation of its…
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Rohit Chopra, Director, Consumer Financial Protection Bureau
Rohit Chopra, Director, Consumer Financial Protection Bureau
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J.P. Morgan Settles SEC Charges for Investor Misconduct
The firm agrees to pay over $151 million for misleading disclosures, fiduciary breaches, and conflicts of interest in multiple enforcement actions. The U.S. Securities and Exchange Commission (SEC)…
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DOJ Convenes Interagency Meeting on Equity in AI
Senior government officials and heads of civil rights offices meet to discuss artificial intelligence. The Civil Rights Division of the Department of Justice held its fourth meeting on…
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CFPB Warns Medical Debt Collectors Against Collecting Inaccurate Debts
The agency will take action against double billing, insufficient documentation, and false filings. The Consumer Financial Protection Bureau (CFPB) recently issued a legal guidance for medical debt collectors,…
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CFPB Warns Banks of Overdraft Fee Consent Requirements in New Guidance
Attempts to reign in “phantom opt-in” agreements in updated legal interpretation. The Consumer Financial Protection Bureau (CFPB) released a new guidance this month, cautioning banks not to charge…
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