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The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) has seen significant changes since President Donald Trump fired former Director ...
CFPB RIP” was Elon Musk’s tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest ...
FirstCash to pay $9 million in refunds and penalties for illegal pawn loans to servicemembers CFPB lawsuit alleged loans ...
The U.S. Consumer Financial Protections Bureau has reached a settlement with pawn shop chain owner FirstCash Inc and its subsidiaries for alleged violations of the Military Lending Act, the consumer ...
A coalition of consumer groups sued the Consumer Financial Protection Bureau and acting Director Rusell Vought for refusing to implement a statutorily-mandated small business data collection rule that ...
The CFPB alleged in its lawsuit that FirstCash and 19 of its subsidiaries were violating the Military Lending Act by making pawn loans to borrowers covered under the law with rates that exceeded the ...
Fast Company reached out to Townstone for comment. In its settlement in 2024, it admitted no wrongdoing. The CFPB’s latest response. After reviewing the settlement, the bureau stated in a press ...
The settlement required Townstone to pay a $105,000 penalty to the CFPB’s victims relief fund and prohibited the mortgage lender from engaging in any actions that violate ECOA.
The Consumer Financial Protection Bureau faces operational paralysis. Employees are idle due to White House directives. The ...
The reversal is part of the Trump administration's efforts to undo actions and rules from the Biden administration. Vought has withdrawn or dismissed more than half of the CFPB's enforcement docket, ...
(Reuters) -The U.S. Consumer Financial Protections Bureau has reached a settlement with pawn shop chain owner FirstCash Inc and its subsidiaries for alleged violations of the Military Lending Act ...
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