Head of Consumer Financial Protection Bureau announces …
1 day ago · The head of the Consumer Financial Protection Bureau (CFPB) announced his departure on Saturday, becoming the latest Biden administration holdover official to be ousted by the Trump administration.
Biden's CFPB Goes Down Swinging In Blitz Of Rules. But How …
Jan 17, 2025 · The final days of a presidential administration after the election of a successor are called the "lame duck" period, but under Joe Biden and bureau director Rohit Chopra, the Consumer Financial ...
Trump Fires Biden’s Consumer Protection Watchdog Rohit …
Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration, a person with knowledge of the matter said.
Trump fires Rohit Chopra as CFPB director : NPR
1 day ago · Chopra was tapped by former President Joe Biden to lead the bureau in 2021. The position has a five-year term, but the Supreme Court ruled in 2020 that the president can fire the director at will.
Trump Fires Biden’s Consumer Protection Watchdog Rohit …
1 day ago · (Bloomberg) -- Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration, a person with knowledge of the matter said ...
CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
Jan 7, 2025 · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans. The CFPB’s action will ban the inclusion of medical bills on credit reports used by lenders and prohibit lenders from using medical information in …
Overdraft fees crackdown: Biden administration sets new rules for …
Dec 12, 2024 · The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5...
Biden Administration Bars Medical Debt From Credit Scores
Jan 7, 2025 · The federal Consumer Financial Protection Bureau on Tuesday issued new regulations barring medical debts from American credit reports, enacting a major new consumer protection just days before President Joe Biden is set to leave office.
Statement from President Joe Biden on the Supreme Court Ruling …
May 16, 2024 · Since President Obama and I created it in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) has worked to protect consumers from abusive practices by lenders, servicers, and special interests, and has lowered costs for hardworking families by going after junk fees.
Exclusive: US consumer finance watchdog moves on new rules …
Nov 27, 2024 · The U.S. consumer finance watchdog is moving ahead with rulemaking in the final weeks of Joe Biden's Democratic administration, in a bid to advance consumer protections before...