On January 13, 2025, the Consumer Financial Protection Bureau (CFPB) proposed a rule to prohibit provisions in agreements for consumer

Background, Purpose, and Structure of the Proposed Rule - On January 13, 2025, the Consumer Financial Protection Bureau (CFPB) published

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, including banks, lenders and other financial institutions.

Christopher Mufarrige is named acting director of the FTC's Bureau of Consumer Protection; TD Bank promotes Andrew Stewart, Nadir Johnes and Jo Jagadish; PayPal's John Kim is leaving the company; and more in this week's banking news roundup.

The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.

One frustrated Reddit user recently shared that canceling a subscription seemed impossible. They had used a now-defunct work email address to sign up for a web services company. With that email no longer accessible,

The ruling, which went into effect this week, requires businesses to make canceling a subscription as easy as signing up for it in the first place.

The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration

The FTC and the State of Colorado recently sued a prominent property management company, alleging hidden fees added on top of the publicly advertised monthly rent.

The Federal Trade Commission announced it will require web hosting company GoDaddy to introduce a "robust information security program" to settle charges that it has failed to protect its platform from security threats since 2018,

The United States Federal Trade Commission (FTC) is likely to have bipartisan support to keep filing cases to block anticompetitive mergers under the Trump administration, said Henry Liu, the outgoing director of the agency’s Bureau of Competition.

"By offering predatory credit with just a few taps on your cell phone, cash advance apps are a loan shark in your pocket .. cash advance app borrowers are trapped in a cycle of debt like that experienced by payday loan borrowers," Candice Wang, senior researcher at the Center for Responsible Lending, said on the group's website.