Statement from President Joe Biden on the Supreme Court Ruling …
May 16, 2024 · Since President Obama and I created it in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) has worked to protect consumers from abusive practices by lenders,...
Biden's CFPB Goes Down Swinging In Blitz Of Rules. But How …
2 days ago · The final days of a presidential administration after the election of a successor are called the "lame duck" period, but under Joe Biden and bureau director Rohit Chopra, the Consumer Financial ...
Biden-Harris Administration Announces Broad New Actions to …
Oct 11, 2023 · Today, President Biden will be joined by Federal Trade Commission (FTC) Chair Lina Khan and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra as they announce new efforts to...
Biden administration bans unpaid medical bills from appearing on …
Jan 7, 2025 · Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration. The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than 15 ...
As Biden nears exit, US bans medical debt from credit reports
Jan 7, 2025 · President Joe Biden's outgoing administration announced on Tuesday a ban on medical debt in American consumers' credit reports, making good on a campaign year pledge less than two weeks...
Biden Administration Bars Medical Debt From Credit Scores
Jan 7, 2025 · The federal Consumer Financial Protection Bureau on Tuesday issued new regulations barring medical debts from American credit reports, enacting a major new consumer protection just days before President Joe Biden is set to leave office.
Overdraft fees crackdown: Biden administration sets new rules for …
Dec 12, 2024 · The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much...
Supreme Court Sides With the Consumer Financial Protection Bureau ...
May 16, 2024 · President Joe Biden, a fellow Democrat who has taken steps to strengthen the bureau, called the ruling “an unmistakable win for American consumers.” Unlike most federal agencies, the...
Statement from President Joe Biden on the FTC Banning Hidden …
Dec 17, 2024 · President Joe Biden; Vice President Kamala Harris; First Lady Dr. Jill Biden; ... The Consumer Financial Protection Bureau lowered overdraft and credit card late fees, the Department of ...
CFPB Proposes Rule to Ban Contract Clauses that Strip Away …
Jan 13, 2025 · – Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would stop financial companies from forcing Americans to choose between participating in the financial system or giving up their rights, including those guaranteed by the Constitution. The proposed rule seeks to stop companies from using a variety of contract ...