The Consumer Financial Protection Bureau has been a watchdog for student loan borrowers since its inception. The agency’s future is in doubt amid political and legal threats, raising the question: ...
The nation's top consumer watchdog is getting a major reshaping under President Donald Trump. On Wednesday, Mark Paoletta, the Consumer Financial Protection Bureau's chief legal officer, sent a memo ...
Trump's administration said that the CFPB is on track to run out of funding next year. It could put protections for student-loan borrowers at risk.
On April 25, the CFPB filed a joint stipulation of voluntary dismissal with prejudice in the U.S. District Court for the District of Delaware. This case stems from the CFPB’s 2017 enforcement action ...
WASHINGTON — A federal judge has ordered a now-defunct debt relief provider to pay roughly $43 million in restitution over a case brought by the Consumer Financial Protection Bureau, alleging that the ...
The Trump administration has dismissed the federal government's lawsuit against National Collegiate Student Loan Trusts, abandoning a $2.25 million proposed settlement that could have gone to harmed ...
Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...
It said that the focus of the CFPB will shift from supervision of companies to giving money back to consumers. This memo comes as millions of student-loan borrowers are expected to default this year.
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