Skill loss is a key risk as examiners leave the FDIC, “especially those with advanced IT skillsets who examine risks at the ...
On March 3, the OIG for the Fed and CFPB published a report titled “The Bank Exams Tailored to Risk Process Promotes Risk-Focused Supervision ...
The article below was originally published Feb. 20, after newly installed CFPB leaders halted the agency’s work. The latest updates on changes to the CFPB under the Trump administration can be ...
The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court that it remains committed to meeting its legal obligations. The agency has denied in ...
A protester holds a sign supporting the Consumer Financial Protection Bureau. (Nathan Howard/Reuters) Ever since the Consumer Financial Protection Bureau opened in 2011 with a mandate to regulate ...
The Republican-controlled Senate voted to repeal a rule that would subject digital payment apps to the same consumer protections as credit cards and bank accounts. After the Consumer Financial ...
The C.F.P.B. had kept a close eye on mortgage lenders. But with the bureau hobbled, consumers should take several steps, starting with shopping for the best mortgage rates. By Ann Carrns House ...
The Pentagon’s inspector general is halting efforts to identify and root out extremism in the U.S. military, saying the initiative does not align with Trump’s policies. The watchdog issued a ...
A former Oyster Bay inspector general who resigned due to allegations he attempted to funnel $2 million to his own company will not face any criminal charges after a lengthy investigation ...
The future of the Consumer Financial Protection Bureau (CFPB)–and the Trump administration’s efforts to dismantle it–hang in the balance as a federal judge pushed consideration of a request by a ...
Between April 2023 and March 2024, the CFPB received about 1.8 million consumer complaints directed toward businesses and financial institutions, according to its most recent in-depth report.
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