Trump could dismantle newly built guardrails around your wallet, consumer groups warn
Consumer advocates say they’re bracing for a sharp reversal at the Consumer Financial Protection Bureau after four of the ...
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Elon Musk Advocates for Elimination of U.S. Consumer Financial Protection Bureau
Elon Musk, appointed by President-elect Donald Trump to lead the Department of Government Efficiency, has called for the elimination of the Consumer Financial Protection Bureau (CFPB). Established in ...
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‘Buy now, pay later’ is more popular than ever. It can cost more than you think
This holiday season, buy now, pay later users can also feel more confident if a transaction goes awry. In May, the CFPB said ...
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Cfpb finalizes rule on digital wallets
The rule is a refined version of a proposal first introduced in November 2023. The two notable changes include increasing the ...
Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual ...
Consumer finance watchdog moving ahead with rulemaking, Reuters says
The U.S. consumer finance watchdog is moving ahead with rulemaking in the final weeks of Joe Biden’s Democratic administration, in a bid to ...
Elon Musk calls for abolishing consumer finance watchdog CFPB — a longtime GOP target
Meanwhile, the consumer finance watchdog is moving ahead with rulemaking in the final weeks of Biden’s administration.
CFPB moves to finalize rules before Trump can ‘delete’ the agency
Elon Musk and Vivek Ramaswamy, whom Trump has tasked with slashing government costs, called for the CFPB to be deleted.
Exclusive-US consumer finance watchdog moves on new rules ahead of Trump takeover
The U.S. consumer finance watchdog is moving ahead with rulemaking in the final weeks of Joe Biden's Democratic ...
Venmo, Apple Pay, and Other Payment Apps Are About to Be More Regulated
The Consumer Financial Protection Bureau (CFPB) finalized a rule to supervise the largest payment apps. Here's why this rule ...
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India Pushes for Apple App Store Antitrust Case in the Country After a Request to Hold
The largest South Asian country, India, remains stern on its plans to pursue its antitrust case against Apple after turning ...
Stop storing your money in payment apps: Here’s why
While financial experts acknowledge the ease and convenience of these apps, some warn keeping money in these apps could be ...