News

President Donald Trump's administration is making deep cuts to the federal agency that oversees financial products such as mortgages and student loans - and as a result, risky loans and scams ...
The acting CFPB director is seeking to review “sub-regulatory” guidance issued by the bureau, saying that rescissions are likely needed.
The demonstration comes amid the Trump administration’s ongoing crusade to dismantle the Consumer Financial Protection Bureau ...
According to the CFPB, the average credit card late fee is $32, and Americans pay $14 billion to banks every year to cover such fees. Biden’s CFPB director, Rohit Chopra, said the banks “harvest ...
A federal judge has nullified a CFPB rule capping credit card late fees at $8. Discover the details behind the decision.
The Agency’s ongoing attempts to formalize a ban on the inclusion of medical debt in credit reports indicate that its efforts ...
The Consumer Financial Protection Bureau (CFPB or Bureau) agreed to vacate its controversial credit card late fee rule in a joint motion for entry ...
On April 11, 2025, the Consumer Financial Protection Bureau (CFPB) announced that it will not prioritize enforcement or supervisory actions ...
And that’s something that directly impacted Reverend Eva Steege, who passed away on March 15. Steege was an 83-year-old retired Lutheran pastor whose doctors told her she had less than six months to ...
A Texas federal judge has ruled against a Biden-era regulation that would have capped credit card late fees at $8, ...
A federal judge has scrapped a rule from the Biden administration that would have placed a cap on credit card late fees.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.