CFPB News and Updates
Sallie Mae borrower secures court payment plan after wage garnishment in student-loan dispute
Private student-loan collection risks are intensifying for some U.S. borrowers as repayment strains and litigation pressures build. Nurse Hannah Bates, 31, says a lawsuit by Sallie Mae led to ...
U.S. CFPB examiners adopt lighter oversight in consumer finance reviews
The Consumer Financial Protection Bureau resumes examinations in the spring after the Trump administration suspended most of the agency's work when it took office last year. Most companies ...
CFPB backs national financial literacy strategy for U.S. consumers
Federal agencies are advancing a new framework to strengthen financial skills across the U.S., with a focus on young people, saving and investing, digital finance, and fraud prevention. The plan ...
House Financial Services Committee advances eight finance and housing bills
The House Committee on Financial Services moves eight bills to the full House on Wednesday, spanning housing finance, payment fraud, consumer regulation, credit access, digital assets, and tenant ...
Senate Banking panel weighs TRIA renewal and Trump nominees amid CFPB, HUD scrutiny
On the 25th anniversary of 9/11, the Senate Banking Committee is moving toward a vote on reauthorizing the Terrorism Risk Insurance Act program alongside four Trump administration nominees. The ...
Senate Banking Committee advances terrorism insurance reauthorization, Trump nominees
With the current federal terrorism insurance backstop running through the end of 2027, the Senate Banking Committee is moving to give businesses longer-term certainty on coverage tied to potential ...
U.S. Senate panel advances CFPB director nominee to full chamber vote
The Senate Banking Committee has approved President Donald Trump's nominee to lead the Consumer Financial Protection Bureau, moving the selection process closer to a final confirmation vote. The ...
House Financial Services panel backs CFPB reform push in U.S. consumer finance
Republican lawmakers are pressing for a more permanent framework for U.S. consumer financial regulation as policy direction at the Consumer Financial Protection Bureau continues to shift between ...
House Financial Services Committee unveils CFPB reform package
Republican leaders on the House Financial Services Committee are introducing a 2026 legislative package to overhaul the Consumer Financial Protection Bureau and tighten congressional oversight of ...
Senate Democrats cite GAO report on Trump effort to dismantle CFPB
A new congressional watchdog report is intensifying scrutiny of the Trump Administration's actions toward the Consumer Financial Protection Bureau. Senators Elizabeth Warren and Andy Kim say the ...
U.S. banking agencies rescind special purpose credit programs statement
Federal banking and housing regulators are rescinding 2022 guidance on special purpose credit programs under the Equal Credit Opportunity Act and Regulation B. The move also withdraws an OCC ...
CFPB ceases publishing complaint narratives from consumer database
The Consumer Financial Protection Bureau is ending the discretionary publication of unverified consumer complaint narratives and related visualizations in its complaint database. The agency says ...
House Financial Services Committee seeks feedback on CFPB reform draft
Lawmakers are opening a new stage in the debate over the Consumer Financial Protection Bureau after a recent full committee hearing on the agency’s future. The House Financial Services Committee ...
CFPB nominee declines to back disclosure pledges amid scrutiny of Trump-linked enforcement decisions
A Senate confirmation exchange sharpens concerns about political interference at the Consumer Financial Protection Bureau as lawmakers question how the agency handles cases involving companies ...
Senate Banking panel reviews Trump nominees for export controls, HUD finance and CFPB oversight
The Senate Banking Committee is examining three Trump administration nominees for posts tied to export controls, housing finance oversight and consumer financial regulation. Chairman Tim Scott ...
Capital One executive faces Senate hearing for CFPB leadership role
President Donald Trump's latest nominee to run the U.S. Consumer Financial Protection Bureau goes before senators on Thursday as the administration continues to reshape an agency it has tried to ...
Senate Democrats press CFPB over complaint portal changes
Scrutiny of the Consumer Financial Protection Bureau is intensifying as two Senate Democrats challenge changes to the agency's consumer complaint system. The lawmakers say the updates make it ...
CFPB faces scrutiny over dropped consumer cases tied to Trump donors
A Senate Banking Committee hearing is intensifying pressure on the Consumer Financial Protection Bureau over its handling of consumer enforcement actions. Senator Elizabeth Warren says the agency ...
Senate Democrats accuse CFPB acting chief of weakening consumer enforcement
A Senate Banking Committee hearing sharpens the political fight over the Consumer Financial Protection Bureau's direction under Acting Director Russell Vought. Senator Elizabeth Warren says ...
Senate Banking Committee pushes CFPB regulatory overhaul in consumer finance debate
Republican lawmakers are sharpening their push to reset consumer finance oversight as the Consumer Financial Protection Bureau presents its semiannual report to Congress. At a Senate Banking ...
Senate Banking Committee minority report says CFPB rollbacks cost consumers up to $26.5 billion
A new Senate Banking Committee minority staff report says actions against the Consumer Financial Protection Bureau are costing U.S. consumers up to $26.5 billion over the past year and a half. The ...
