On December 23, the CFPB issued an advisory opinion stating earned wage access products fall outside the definition of credit under TILA’s Regulation Z, withdrawing a Biden-era proposed interpretive ...

Certain employer-partnered earned wage access products aren’t subject to U.S. lending laws, the bureau said, formally ...

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As state-level regulators rush in to fill the gap left by a shrinking Consumer Financial Protection Bureau, bank products will have to comply with dozens of potentially conflicting state requirements, ...

The Consumer Financial Protection Bureau is announcing today that it will not prioritize enforcement actions taken on the basis of the Truth in Lending (Regulation Z); Use of Digital User Accounts to ...

The rules represent the biggest change to fair lending regulations since the 1970s. But the ability of the CFPB to adequately defend its rulemaking is in question after large staffing cuts this year.

Arising from the ashes of the 2007–2009 financial crisis, the Consumer Financial Protection Bureau (CFPB) was designed to protect consumers from being taken advantage of by financial institutions.

“CFPB RIP” was Elon Musk’s tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, President Donald Trump. Rohit Chopra, former director of ...