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The economic and psychological damage inflicted by a crisis can linger for many years, and most people will not receive the type of extraordinary government assistance that large financial firms tend to receive.

Private industry and governments around the world are preparing for how climate change will erode, degrade, or otherwise threaten our economic infrastructure.

The Consumer Financial Protection Bureau (CFPB) proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and would gain new protections against companies misusing their data.

The Consumer Financial Protection Bureau (CFPB) proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and would gain new protections against companies misusing their data.

Director Chopra discussed the CFPB’s proposed rule to activate a dormant authority under a 2010 law to accelerate much-needed competition and decentralization in banking and consumer finance by making it easier to switch to a new provider.

Across the country, Americans are working hard to create and provide products sold here at home and around the world.

The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion regarding a provision enacted by Congress which generally prohibits large banks and credit unions from imposing unreasonable obstacles on customers, such as charging excessive fees, for basic information about their own accounts.

CFPB publicó una edición especial de su Reporte de Supervisión enfocado en los esfuerzos de la agencia para eliminar las tarifas inesperadas.

The Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights focused on the agency’s efforts to shutdown junk fees.

La Oficina para la Protección Financiera del Consumidor (CFPB, por sus siglas en inglés) emitió una opinión consultiva sobre una disposición promulgada por el Congreso que en general, prohíbe a los grandes bancos y cooperativas de crédito imponer obstáculos irrazonables a los clientes por información básica sobre sus propias cuentas, como cobrarles tarifas excesivas.

Over roughly a decade, digital payments, mostly conducted through mobile devices, rapidly became ubiquitous in China.

Today, the Consumer Financial Protection Bureau (CFPB) released its annual report on residential mortgage lending activity and trends.

Today, the CFPB issued its annual report on Home Mortgage Disclosure Act data.

Today, the Consumer Financial Protection Bureau (CFPB) issued guidance about certain legal requirements that lenders must adhere to when using artificial intelligence and other complex models.

Director Chopra delivered remarks discussing the implosion of Lehman Brothers and the regulatory framework implemented by the CFPB.

The CFPB took action against Tempoe, LLC for tricking consumers into expensive leasing agreements by concealing the contract terms and costs, and failing to provide legally required disclosures.

CFPB tomó acciones contra la compañía Tempoe por engañar a consumidores para que firmaran costosos contratos de arrendamiento, ocultando los términos y costos de los mismos, y no proporcionando divulgaciones legalmente exigidas.

The CFPB, HHS, and U.S. Department of Treasury launched an inquiry into high-cost specialty financial products, such as medical credit cards and installment loans, that are pushed on patients as a way to pay for routine medical care and which drive up health care costs and medical debt.

CFPB, HHS y el Tesoro, investigan los costos de productos financieros médicos que los pacientes son empujados a tomar para pagar atención médica rutinaria.

The Consumer Financial Protection Bureau (CFPB) today released a new issue spotlight on the expansive adoption and use of chatbots by financial institutions.

CFPB publica nuevo reporte destacando la exhaustiva expansión del uso de chatbots por las instituciones financieras.

Director Chopra delivered keynote remarks on May 4, 2023 at the Anti-Monopoly Summit in Washington, DC hosted by the American Economic Liberties Project.

Today, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule amending the agency’s 2021 LIBOR transition rule.

Today, the Consumer Financial Protection Bureau (CFPB) joined four other federal financial regulatory agencies, along with state bank and state credit union regulators, in issuing a statement that the use of United States Dollar LIBOR (USD LIBOR) panels will end on June 30, 2023.

Director Chopra delivered remarks at the April 25, 2023, meeting of the Financial Literacy and Education Commission.