Biden Banking Rules Hit With Lawsuits Even as GOP Eyes Rollbacks
9 hours ago · President-elect Donald Trump and the Republican-controlled Congress have vowed to roll back President Joe Biden’s regulations, with those issued by the Consumer Financial Protection Bureau high on the list. But blocking some rules with populist appeal, such as the CFPB’s limits on overdraft fees and its ban on most medical debt reporting ...
FACT SHEET: Vice President Harris Announces Final Rule Removing …
Jan 7, 2025 · The Consumer Financial Protection Bureau (CFPB), the Department of Health and Human Services (HHS), and the Department of the Treasury issued a joint request for information seeking comment on the ...
US bans medical debt from credit reports as Biden nears exit
6 days ago · Consumer Financial Protection Bureau says change will strike $49bn in medical debt from credit reports. ... The measure comes less than two weeks before US President Joe Biden is set to hand over ...
Statement from President Joe Biden on the Supreme Court Ruling …
May 16, 2024 · Since President Obama and I created it in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) has worked to protect consumers from abusive practices by lenders,...
Overdraft fees crackdown: Biden administration sets new rules for …
Dec 12, 2024 · The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5...
Supreme Court Sides With the Consumer Financial Protection Bureau ...
May 16, 2024 · President Joe Biden, a fellow Democrat who has taken steps to strengthen the bureau, called the ruling “an unmistakable win for American consumers.” Unlike most federal agencies, the consumer...
Biden-Harris Administration Announces Broad New Actions to …
Oct 11, 2023 · Today, President Biden will be joined by Federal Trade Commission (FTC) Chair Lina Khan and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra as they announce new efforts...
Biden administration proposes rule that could save consumers …
Jan 17, 2024 · A proposed rule by the Consumer Financial Protection Bureau to curb overdraft fees would only apply to banks and credit unions with at least $10 billion in assets.
Supreme Court sides with the Consumer Financial Protection Bureau ...
May 16, 2024 · President Joe Biden says the Supreme Court's rejection of a conservative-led attack that could've undermined the Consumer Financial Protection Bureau is “an unmistakable win" for...
CFPB Small Business Rule Repeal Clears House, Courts Veto (1)
Dec 1, 2023 · The US House of Representatives voted to overturn a Consumer Financial Protection Bureau rule requiring small business lenders to gather borrowers’ demographic data, teeing up a likely veto from President Joe Biden.