Judge blocks dismantling of consumer protection agency
Digest more
Top News
Overview
Impacts
U.S. District Judge Amy Berman Jackson agreed to issue a preliminary injunction that maintains the agency’s existence until she rules on the merits of a lawsuit seeking to preserve the agency.
From Associated Press News
A federal judge on Friday ordered U.S. President Donald Trump's administration to temporarily pause its efforts to shut down Voice of America, stopping the government from firing 1,300 journalists an...
From Reuters
A federal judge in Washington ordered Trump officials to resume work at a consumer finance watchdog and rehire its fired workers, another setback for the administration’s efforts to sharply downsize t...
From Wall Street Journal
Read more on News Digest
The Trump administration has halted over 100 corporate enforcement actions, raising concerns about regulatory rollback and corporate favoritism.
12don MSN
The Consumer Financial Protection Bureau dropped its lawsuit against the company that runs the Zelle payment platform and three U.S. banks as federal agencies continue to pull back on previous enforcement actions now that President Donald Trump is back in office.
A top U.S. banking regulator terminated a 2021 consent order against Wells Fargo for deficiencies in its home lending loss mitigation practices, the Wall Street giant said on Monday, bringing it closer to ending near-decade-old regulatory woes.
Overdraft fees have been on the decline, but a new Senate decision could herald their comeback. See which banks stand to win.
The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For millions of student loan borrowers, the CFPB has curbed predatory lenders and loan servicers. But the agency's future is in limbo, putting into question whether student loan protections will still be in place.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
WFC's 2021 consent order related to loss mitigation practices is terminated by OCC. This marks the 11th consent order closed by regulators since 2019.
The CFPB had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with mortgage-rate shopping.