THE WEEK

What is the CFPB and how does it protect consumers?

Established in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) is a government agency intended to do exactly what its name states: protect consumers financially by ...
CNN

Consumer Financial Protection Bureau’s fate is again in the hands of the Supreme Court

The Supreme Court may decide as soon as Friday whether to tackle a new case that could further constrain the power of US regulators to delve into American businesses and individual lives. In recent ...
Consumer Reports

The Dismantling of a Financial Watchdog Is Already Harming Consumers—and Worse May Be to Come

Five years ago, Sally Proske was 30 and desperate. She had accumulated nearly $41,000 in high-interest credit card debt—more than she could comfortably pay off on her salary as a live-event and ...
Los Angeles Times

Obama’s consumer protection legacy defined by aggressive agency

Bill Doak and his wife, Linda, were preparing to buy a new house this spring when a mortgage broker made an ominous declaration after scanning their credit report: “Oh my God, you’re in trouble.” The ...
Consumer Reports

Here’s What Could Happen If the Supreme Court Declares the CFPB Unconstitutional

Update: The U.S. Supreme Court ruled on May 16, 2024, that the funding mechanism authorized by Congress for the Consumer Financial Protection Bureau through the Federal Reserve Board is constitutional ...
Los Angeles Times

The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well

The billionaire Elon Musk and the California venture capitalist Marc Andreessen have started a debate about the role of government that we should be having — but it might not go the way they would ...
CNN

Here’s what the Consumer Financial Protection Bureau has done

The future of the Consumer Financial Protection Bureau, perhaps best known for forcing big banks like Wells Fargo to return money to customers they cheated, will be tested Tuesday when the Supreme ...
jdpower

Fraud Protection and Resolution Become Critical Components of Customer Experience for Banks and Credit Card Issuers, JD Power Finds

TROY, Mich.: 7 Nov. 2024 — More than one-fourth (29%) of bank customers and 22% of credit card customers have experienced some instance of fraudulent activity on their accounts in the past 12 months, ...

Term insurance vs endowment plans: Which one fits your financial goals?

While term insurance focuses on providing a safety net for your family, endowment plans function as a hybrid tool that ...