Compliance
A university professor’s dive into auto loan data
An episode of dealership reality show “King of Cars” spurred Rice University finance professor James Watson to spend five years...
FTC refunds nearly $1M to Vroom consumers
The FTC is issuing more than $934,000 in refunds to consumers who bought a vehicle from Vroom following a July...
Banks want U.S. consumer regulator back to undo rules they loathe
Financial companies were rarely shy about their issues with the Consumer Financial Protection Bureau. But a largely shuttered consumer watchdog...
CFPB co-founder: Agency will ‘rise from the ashes’
The immediate future is uncertain for the Consumer Financial Protection Bureau, and it might experience downsizing and less regulatory enforcement, but...
State lawmakers gear up for enforcement
A week before the presidential inauguration, the Consumer Financial Protection Bureau preemptively handed off its enforcement baton, and a handful...
Ex-FDIC official McKernan nominated as new CFPB director
Amid the uncertainty surrounding the Consumer Financial Protection Bureau, President Donald Trump has nominated a new director to lead the agency. Trump nominated...
CFPB pause prompts concern of ‘regulatory vacuum’
Lenders must be mindful of existing consumer law and state-level enforcement despite the current pause in enforcement activity by the...
DOGE-Backed halt at CFPB comes amid Musk’s plans for ‘X’ Digital Wallet
In another weekend takeover of a federal agency's operations, staffers from an efficiency initiative led by billionaire Elon Musk helped...
