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Federal court blocks Trump from enacting new plans to slash consumer watchdog staff
A federal appeals court blocked the Trump administration's plans to immediately slash the workforce at the U.S. Consumer Financial Protection Bureau.
OneMain sued by MD, other states for saddling subprime borrowers with add-ons, fees
A bipartisan group of 13 states, including Maryland, sued OneMain for allegedly charging cash-strapped borrowers hundreds or thousands of dollars for "add-on" products they did not request and do not need.
Judge orders Trump administration to continue funding consumer watchdog agency
A federal judge ordered the Trump administration to continue funding the U.S. Consumer Financial Protection Bureau indefinitely, saying top officials had unlawfully refused to do so.
NY AG sues Zelle’s parent company after Trump administration drops similar case
New York's attorney general sued the parent company of the Zelle payment platform, months after the CFPB abandoned a similar case.
CFPB employees say bureau has become toothless under Trump
The lights are on at the Consumer Financial Protection Bureau but, in practice, the bureau has been mostly inoperable for nearly six months.
Judge reverses rule removing medical debt from credit reports
A federal judge in Texas removed a Biden-era rule that would have removed medical debt from credit reports.
Federal judge blocks Trump from dismantling Consumer Financial Protection Bureau
A federal judge agreed to block the Trump administration from dismantling the Consumer Financial Protection Bureau.
CFPB drops lawsuit against Bank of America, JPMorgan Chase, Wells Fargo over Zelle fraud
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs Zelle and three U.S. banks.
Supreme Court to hear challenge to consumer agency
The Supreme Court says it will take up a challenge to the Consumer Financial Protection Bureau, a case that could threaten how the consumer watchdog agency functions.
18% drop in people reporting medical debt seen since 2020
The number of people with medical debt on their credit reports fell by 8.2 million between 2020 and 2022, a report found.
4th Circuit rules for Md. borrower in credit-reporting case
A mortgage lender must stop sending overdue-payment information to credit agencies once the debtor notifies the lender in writing why he or she believes the reported debt is not overdue, […]
Supreme Court debates presidential power on Super Tuesday
WASHINGTON — The Supreme Court wrestled Tuesday with whether to make it easier for the president to fire the head of the agency that enforces federal consumer financial laws, a […]
