US agency warns consumers of Bitcoin risks
WASHINGTON — Federal regulators are warning consumers about the risks of using virtual currencies such as Bitcoin. The Consumer Financial Protection Bureau said Monday that it will begin fielding...
View ArticleAppeals court revives challenge to consumer agency
WASHINGTON — A federal appeals court on Friday revived a legal challenge to the Consumer Financial Protection Bureau, the federal office created to protect consumers in financial dealings with banks,...
View ArticleFour years in, consumer protection agency has plenty to do
The nation’s youngest government agency recently celebrated its four-year anniversary, and it’s still got plenty to do. The Consumer Financial Protection Bureau was born out of the Dodd-Frank financial...
View ArticleRegulators move to restrict forced arbitration
NEW YORK — Suing your bank or debt collector might be getting a whole lot easier. The Consumer Financial Protection Bureau is considering new regulations that would severely curtail a contentious...
View ArticleBanks, consumer groups lock horns over arbitration
Consumer rights advocates, joined by New York’s attorney general, and the banking industry are going toe to toe over a federal proposal to block banks from using mandatory arbitration to resolve...
View ArticleRegulators expand protections to prepaid debit card users
NEW YORK — Federal regulators announced new rules Wednesday governing the quickly growing prepaid debit card industry, an effort more than two years in the making which should bring basic account...
View ArticleTwo battle for control over US consumer watchdog
WASHINGTON (AP) — The battle between two supposed directors of the Consumer Financial Protection Bureau is making for compelling optics but only seems to be delaying a tidal shift at the powerful...
View ArticleFederal agency halts investigation of Virginia firm accused of preying on...
An embattled federal consumer watchdog agency has agreed to suspend its investigation into a Virginia-based company accused of preying on detained immigrants. The Consumer Financial Protection Bureau –...
View ArticleUS appeals court upholds independence of consumer watchdog agency
WASHINGTON – A U.S. appeals court on Wednesday ruled that the structure of the Consumer Financial Protection Bureau is constitutional and that its director can only be fired by the president for cause....
View ArticleSupreme Court will decide constitutionality of consumer watchdog bureau
WASHINGTON – The Supreme Court on Friday said it will consider whether the structure of the watchdog Consumer Financial Protection Bureau created by Congress in 2010 is unconstitutional, something the...
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