Newsroom
The CFPB distributed more than $384 million to consumers harmed by Think Finance from the victims relief fund, which has disbursed more than $1 billion.
The Federal Reserve Board and the Consumer Financial Protection Bureau announce inflation-adjusted dollar thresholds for Regulation CC funds availability
CFPB Director Rohit Chopra issued a statement on the Financial Stability Oversight Council’s Nonbank Mortgage Company Report
By
Rohit Chopra
CFPB Director Rohit Chopra provided opening remarks at the Joint Hearing on Airline and Credit Card Rewards Programs.
By
Rohit Chopra
The CFPB issued a new report finding consumers encounter numerous problems with credit card rewards programs.
Today, the Consumer Financial Protection Bureau (CFPB) took action against Chime Financial for failing to give consumers timely refunds when their accounts were closed.
CFPB Director Rohit Chopra issued a statement on the proposed rules regarding Wall Street compensation and bonuses.
By
Rohit Chopra
The Consumer Financial Protection Bureau (CFPB) today took action against National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency for multi-year servicing failures.
CFPB Director Rohit Chopra issued a statement on the “captive consumer” model of health savings accounts (HSAs).
By
Rohit Chopra
The Consumer Financial Protection Bureau (CFPB) today released a report detailing the complex costs and fees that many consumers with health savings accounts are forced to pay.
The CFPB issued a new report that suggests consumers tend to pay more for products that have more complex pricing structures.
The CFPB today released research showing that 15 million Americans still have medical bills on their credit reports despite changes by Equifax, Experian, and TransUnion.
As Americans suddenly realized they could not withdraw their funds from Sam Bankman-Fried’s FTX in November 2022, they wondered whether they would ever get their money back. In FTX’s bankruptcy filing was an unusual item: a deposit account held by FTX worth roughly $50 million at Farmington State Bank.
By
Rohit Chopra
The Consumer Financial Protection Bureau (CFPB) published an edition of Supervisory Highlights describing the agency’s actions to combat junk fees charged by mortgage servicers.
The CFPB issued an order against BloomTech and its CEO for deceiving students about the cost of loans and making false claims about graduates’ hiring rates.
The Consumer Financial Protection Bureau (CFPB) issued a procedural rule to update how the agency designates a nonbank for supervision.
A letter written by Brian Shearer, CFPB Assistant Director of the Office of Policy Planning and Strategy, to Senator Matt Lesser of the Connecticut State Senate
By
Brian Shearer
On July 17, 2023, Rohit Chopra, Director of the United States Consumer Financial Protection Bureau, and Didier Reynders, Commissioner for Justice and Consumer Protection of the European Commission, announced the start of an informal dialogue between the European Commission and the CFPB on a range of critical consumer financial protection issues.
General Counsel of the CFPB Seth Frotman provided a statement regarding the National Consumer Law Center / National Association of Consumer Advocates Spring training.
CFPB Director Rohit Chopra provided remarks at Rutgers Law Center School Center for Corporate Law and Governance on student-loan securitization.
By
Rohit Chopra
The CFPB’s Deputy Director submits this CFPB comment to the Illinois Joint Committee on the state’s proposed community reinvestment rules, specifically in support of provisions addressing appraisal bias.
By
Zixta Martinez
The CFPB today published an edition of Supervisory Highlights to share key findings from recent examinations about continuing accuracy problems in the credit reporting system.
The CFPB issued a new report today finding that more borrowers paid “discount points” upfront as overall interest rates rose.
CFPB Director Rohit Chopra provided a statement on the Banking in Video Games and Virtual Worlds report.
The CFPB issued a report examining the growth of digital commerce in online video games and virtual worlds.