The Consumer Financial Protection Bureau and peer-to-peer lending platform SoLo Funds agreed to put an end to the agency’s ...
President Donald Trump’s Consumer Financial Protection Bureau dismissed a case against a community-focused financial lending ...
The U.S. Consumer Financial Protection Bureau, which President Donald Trump has moved to abolish, told a court on Friday it ...
President Emeritus of the National Creditors Bar Association and Solo's Head of Business Development, in a recent TV interview. With Trump's opposition to the CFPB potentially limiting consumer ...
With the CFPB’s “dormancy,” no federal regulator is conducting anti-consumer-fraud examinations on very large banks such as JPMorgan and Wells Fargo, a group of 23 state led by New York ...
The CFPB has sole responsibility for interpreting laws like the Truth In Lending Act and Regulation Z, and the Electronic Funds Transfer Act and Regulation E (the “Alphabet Regs”). This means ...
Congress alone has the power of the purse with which to fund or defund agencies and their activities.” The CFPB had already agreed on Wednesday to a preliminary injunction on any efforts to ...
Representatives for the CFPB and Solo Funds did not immediately respond to requests for comment. According to the CFPB, the company misrepresented the costs of loans, tricked them into making ...
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