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,...
Biden's CFPB Goes Down Swinging In Blitz Of Rules. But How …
7 hours ago · The final days of a presidential administration after the election of a successor are called the "lame duck" period, but under Joe Biden and bureau director Rohit Chopra, the Consumer Financial ...
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 to...
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...
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...
Biden vetoes resolution disapproving of US CFPB's small-business …
Dec 19, 2023 · U.S. President Joe Biden on Tuesday vetoed a resolution that would disapprove of the Consumer Financial Protection Bureau's small-business loan rule, saying the resolution would hinder the...
Biden administration proposes rule that could save consumers …
Jan 17, 2024 · The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving...
Medical debt banned from credit reports by new Biden …
Jan 7, 2025 · The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 million Americans, according to the bureau, which means lenders...
Biden Banking Rules Hit With Lawsuits Even as GOP Eyes Rollbacks
3 days 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 ...
Biden administration bans unpaid medical bills from appearing on …
Jan 7, 2025 · Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration. The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 ...