Equifax was heavily fined by the Consumer Financial Protection Bureau for not adequately investigating consumer credit report ...
In other words, it was a fine, not a lawsuit fund from which ... relies a lot on codes and skimpy information.” The CFPB found that Equifax wasn’t actually doing much investigating.
On January 17, the CFPB issued a consent order settling allegations that a consumer reporting agency (CRA) violated the FCRA and engaged in unfair acts and practices, violating the CFPA.
That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided in both mission and execution that it does not deserve mere reform—it should be abolished outright.
In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...
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Senate Republicans backed a Wednesday effort from Texas GOP Sen. Ted Cruz to defund the Consumer Financial Protection Bureau (CFPB). Cruz has unsuccessfully tried to disassemble the agency in the ...
Catherine Farman, president of the CFPB Union, NTEU Chapter 335, on Tuesday responded with an email to union members advising them in bold letters: "DO NOT RESPOND" to the message from "hr at opm.gov" ...