SoLo Funds lets borrowers set their own flat fees but consumer authorities want it to state costs as a yearly interest rate
Case had questioned the constitutionality of financing for the Consumer Financial Protection Bureau
CFPB boss warns over competition and financial stability as Capital One and Discover pursue $35bn merger
Consumer Financial Protection Bureau estimates measure could save customers billions of dollars a year
Proposal would subject digital wallets and payment applications to more scrutiny
Efforts aim to stop bait-and-switch practices and ‘bogus fees’
Congratulations, crypto might count as “funds”! Now please report to US consumer-banking regulators
Adventures in the US legal system
Lender ‘withheld rewards, double-dipped on fees and opened accounts without consent’
Lender to compensate borrowers for illegal activity across some of its mortgage, car and consumer product lines
Wall Street bank contends with retail headaches after push to diversify from trading and deals
Rohit Chopra says his agency will take a ‘very careful look’ at Big Tech’s foray into buy now, pay later
Regulators around the world focus on threat of rising indebtedness from payment method
Joe Biden’s consumer protection boss favours stiff penalties for corporate bad actors
Nominee to run US Consumer Financial Protection Bureau has criticised predatory practices
Consumer Financial Protection Bureau structure is deemed unconstitutional but court stops short of abolishing it
Justices appear split over scope of a president’s authority to fire head of CFPB
Bureau created after the financial crisis has been a frequent target of Republican criticism
How can campaigners and companies stem a rising tide of scams targeting the elderly?
Data sharing between financial institutions and tech companies puts consumers at risk
The president vowed to drain the swamp but has handed the US to the highest bidders
Founder of mortgage servicer Ocwen accuses asset managers of accelerating foreclosures
Kavanaugh, Thapar, Hardiman among the favourites from Donald Trump’s list of 25 names
Move to nominate Kathy Kraninger seen fitting pattern of quietly defanging bank rules