The bureau's latest rulemaking agenda, posted this week by the Office of Budget and Management, reflects the efforts of CFPB Director Rohit Chopra to reduce a wide range of bank fees charged including ...

The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) has seen significant changes since President Donald Trump fired former Director ...

The CFPB has oversight of financial institutions and says banks rake in $12 billion a year on credit card late fees -- and that's just the beginning. "These include not-sufficient fund fees ...

Earlier this month, as Republicans raced to get their “big, beautiful” billionaire tax cut package across the line, the ...

Such fees cost families upwards of $100 million a year, according to the CFPB. In its study, the CFPB found that, on average, processors for school-lunch programs typically charge $2.37, or 4.4% of ...

The Consumer Financial Protection Bureau, emboldened under President Biden, is targeting what the watchdog agency says are exploitative “junk fees,” such as bank overdraft fees, that drain ...

President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at least $18 ...

Continuing its vigorous effort to eliminate so-called “junk fees,” and detailing other problematic mortgage servicer activities, the Consumer Financial Protection Bureau (CFPB) recently ...

In July, Warren, the architect of the CFPB, called for more robust oversight of overdraft practices as a way to aid struggling families. Just before Chopra announced heightened scrutiny of banks’ ...

In January 2022, the Consumer Finance Protection Bureau launched an initiative to scrutinize back-end fees charged to retail banking customers, terming these “junk fees.” ...

The personal impact of the 2008 housing crisis on a student's family reveals why the Consumer Financial Protection Bureau ...

The CFPB’s 2021 Consumer Credit Card Market Report states that these consumers hold roughly 6% of card accounts, but they generate 24% of late fee volumes. And a CFPB report on credit card late ...