A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...

A federal judge in Texas reversed a Biden-era rule on Friday that permitted medical debt to be wiped from credit reports, according to court documents. U.S. District Judge Sean Jordan, a 2019 ...

Americans’ unpaid medical bills will remain on their credit reports after a federal judge last week vacated a Biden-era Consumer Financial Protection Bureau (CFPB) rule that would have removed such ...

On May 14, the Consumer Financial Protection Bureau (CFPB or Bureau) published a proposed rule to rescind amendments to its Procedures for Supervisory Designation Proceedings, originally adopted ...

The Consumer Financial Protection Bureau plans to revise a rule that it had previously withdrawn governing when state attorneys general are required to report coming lawsuits, following industry ...

The CFPB's interpretive rule, which former Director Rohit Chopra put forth in 2024, was an attempt to close that loophole. The CFPB's research in January found that most BNPL loans were made to ...

The rule, one of the CFPB’s last regulatory efforts of the Biden Administration, was projected to save U.S. consumers roughly $5 billion annually. ... Industry Pushback and Legislative Reversal.

On April 15, 2025, the U.S. District Court for the Northern District of Texas vacated a Consumer Financial Protection Bureau (CFPB) rule that capped credit card late fees at $8.

The Consumer Financial Protection Bureau (CFPB) is withdrawing a Biden-era proposal that sought to rein in the sale of Americans’ personal information by data brokers. In a federal regis… ...

CFPB to ditch open banking rule. The Financial Technology Association (FTA) has hit out at US regulators over plans to rescind open banking rules, calling the move a "handout to Wall Street banks".

The prepaid rule holds the distinction of being one of the first CFPB rulemakings not mandated by the Dodd-Frank Act.Then-Director Richard Cordray, seeking support for the initiative, argued that a ...