

Stacy Cowley
Posts

Court Scraps $8 Limit on Credit Card Late Fees
The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau...

Appeals Court Scales Back Freeze on Firing Consumer Bureau Employees
The order reversed some parts of an injunction a federal judge said was needed to prevent the Consumer Financial Protection Bureau from being illegally dismantled.

House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
Lawmakers also struck down a rule giving the Consumer Financial Protection Bureau supervisory power over tech companies’ payments apps.

Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
The Consumer Financial Protection Bureau wants to return a $105,000 penalty it collected last fall when it resolved a discrimination lawsuit.

Left for Dead, the C.F.P.B. Inches Back to Life
Court orders have paused, and at times reversed, the Trump administration’s efforts to shut down the consumer watchdog agency.

Trump Seeks to Bar Student Loan Relief to Workers Aiding Migrants and Trans Kids
The president signed an order that would deny loan forgiveness to workers for groups engaged in “substantial illegal activities,” which it indicated included things like...

CFPB Drops Lawsuit Against Banks Over Zelle Scams
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”

CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers
The move, on a suit that had accused the bank of tricking customers, was one of several dismissals ordered by Trump officials who are dismantling...

Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than...

CFPB Employees Left Stranded and Confused After Stop-Work Orders
Since the acting director of the Consumer Financial Protection Bureau issued stop-work orders, employees have been trying to decipher exactly what they mean.