When asked by lawmakers whether he would resign Jan. 20, CFPB Director Rohit Chopra said he serves a five-year term but that ...
With the incoming Trump administration showing signs of opposition to the bureau, some of its biggest defenders are coming to ...
In testimony before the Senate Banking Committee, Consumer Financial Protection Bureau Director Rohit Chopra said he has no ...
The days are dwindling down to a precious few for political appointees in Washington, as the incoming Trump Administration ...
Banks and credit unions with $10 billion or more in assets could alternately choose a break-even overdraft protection cost or ...
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...
The Consumer Financial Protection Bureau is closing a loophole that it says allowed big banks to profit heavily from ...
The new CFPB regulation would require large banks and credit unions to either charge just $5 for overdrafts or, alternatively, pick an amount no higher than the cost of offering overdraft protection.
The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...
Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
The Republican-controlled House Financial Services Committee said via X that this "eleventh-hour final rule governing ...
Today, the Consumer Financial Protection Bureau (CFPB) testified before the Senate Banking Committee. Chairman Rohit Chopra ...