Consumer Financial Protection Bureau > Newsroom

The CFPB took action against Navy Federal Credit Union for charging illegal overdraft fees.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-navy-federal-credit-union-to-pay-more-than-95-million-for-illegal-surprise-overdraft-fees/

The CFPB filed a proposed order to resolve its case against Townstone Financial for discriminatory lending practices and redlining African American neighborhoods in Chicago.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-to-address-townstone-financials-unlawful-redlining/

The Consumer Financial Protection Bureau and the Centers for Medicare and Medicaid Services issued a joint letter to protect millions of Medicare beneficiaries living at or below the poverty line...

https://www.consumerfinance.gov/about-us/newsroom/cfpb-and-cms-take-action-to-stop-illegal-billing-of-lowest-income-medicare-recipients/

The CFPB took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-vystar-credit-union-to-pay-1-5-million-for-illegally-stranding-consumers-from-accessing-their-money-and-accounts/

Director Chopra delivered remarks at the Joint Field Hearing with the Department of Labor on Worker Tracking in Michigan.

https://www.consumerfinance.gov/about-us/newsroom/prepared-remarks-of-cfpb-director-rohit-chopra-at-the-joint-field-hearing-with-the-department-of-labor-on-worker-tracking/

The Consumer Financial Protection Bureau (CFPB) issued guidance to protect workers from unchecked digital tracking and opaque decision-making systems.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-to-curb-unchecked-worker-surveillance/

The CFPB took action against Apple and Goldman Sachs for customer service breakdowns and misrepresentations that impacted hundreds of thousands of Apple Card users.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-apple-and-goldman-sachs-to-pay-over-89-million-for-apple-card-failures/

The CFPB is taking action against two of our country’s most powerful corporations, Apple and Goldman Sachs.

https://www.consumerfinance.gov/about-us/newsroom/prepared-remarks-of-cfpb-director-rohit-chopra-on-the-goldman-sachs-and-apple-enforcement-press-call/

Director Chopra delivered remarks at Georgetown University’s DC Fintech Week.

https://www.consumerfinance.gov/about-us/newsroom/prepared-remarks-of-cfpb-director-rohit-chopra-at-georgetown-universitys-dc-fintech-week/

The CFPB finalized a rule to give consumers greater rights, privacy, and security over their personal financial data by requiring providers to unlock personal financial data for free.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-finalizes-personal-financial-data-rights-rule-to-boost-competition-protect-privacy-and-give-families-more-choice-in-financial-services/

Director Chopra delivered remarks at the Federal Reserve Bank of Philadelphia about the CFPB’s Personal Financial Data Rights Final Rule.

https://www.consumerfinance.gov/about-us/newsroom/prepared-remarks-of-cfpb-director-rohit-chopra-at-the-federal-reserve-bank-of-philadelphia-on-the-personal-financial-data-rights-rule/

Today, the CFPB sued student lender Climb Credit and 1/0 (“one zero”) for misrepresenting the quality of the programs at their partner schools and making false claims about graduates’ outco...

https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-student-lender-climb-credit-and-investment-firm-1-0-for-deceiving-borrowers-about-coding-bootcamps-and-vocational-programs/

CFPB Associate Director Julie Margetta Morgan delivered remarks at the HealthWatch Wisconsin Medical Debt Symposium.

https://www.consumerfinance.gov/about-us/newsroom/prepared-remarks-of-julie-margetta-morgan-at-the-healthwatch-wisconsin-medical-debt-symposium/

Director Chopra delivered remarks about the asset management oligopoly at Harvard Law School.

https://www.consumerfinance.gov/about-us/newsroom/prepared-remarks-of-cfpb-director-rohit-chopra-at-harvard-law-school-on-the-asset-management-oligopoly/

The CFPB and DOJ took action to end Fairway Mortgage Corporation’s illegal mortgage lending redlining against majority-Black neighborhoods in the greater Birmingham, Alabama area.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-and-justice-department-take-action-against-fairway-for-redlining-black-neighborhoods-in-birmingham-alabama/

The CFPB banned private dispute resolution platform Ejudicate from arbitrating disputes about consumer products after it misled borrowers about its neutrality and initiated sham arbitration proce...

https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-against-arbitration-platform-ejudicate-for-deceiving-student-borrowers/

The CFPB published a new edition of Supervisory Highlights describing the agency’s supervisory findings related to illegal practices in auto finance, including lenders repossessing consumers’...

https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-against-wrongful-auto-repossessions-and-loan-servicing-breakdowns/

The CFPB, the FRB, and the OCC are announcing that the 2025 threshold for higher-priced mortgage loans that are subject to special appraisal requirements will increase from $32,400 to $33,500.

https://www.consumerfinance.gov/about-us/newsroom/agencies-announce-dollar-thresholds-for-smaller-loan-exemption-from-appraisal-requirements-for-higher-priced-mortgage-loans-2024/

The CFPB and the FRB are announcing the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2025 are subject to certain protections under Regulation Z (T...

https://www.consumerfinance.gov/about-us/newsroom/agencies-announce-dollar-thresholds-for-applicability-of-truth-in-lending-and-consumer-leasing-rules-for-consumer-credit-and-lease-transactions-2024/

The CFPB today issued guidance to prevent families from being targeted by illegal medical debt collection tactics for inaccurate or unsubstantiated bills.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-aim-at-double-billing-and-inflated-charges-in-medical-debt-collection/

CFPB emite orientación para prevenir que las familias sean blanco de tácticas ilegales de cobro de deudas médicas por facturas inexactas o sin soporte.

https://www.consumerfinance.gov/about-us/newsroom/cfpb-actua-contra-problemas-en-cobro-de-deudas-medicas/

La llamada de un cobrador sobre costos médicos puede parecer que empeora una situación que ya es mala. No pague porque no quiere recibir más llamadas. Conozca sus derechos y revise los datos.

https://www.consumerfinance.gov/about-us/newsroom/sepa-sus-derechos-cuando-le-llame-un-cobrador-medico/

Consumer Financial Protection Bureau Director Rohit Chopra participated in a White House event to announce new actions by the CFPB to reduce the burden of medical debt on American families and ad...

https://www.consumerfinance.gov/about-us/newsroom/cfpb-director-chopra-joins-white-house-event-on-medical-debt/

Getting a call from a debt collector about medical costs can feel like it’s making a painful situation worse. Don’t pay just to make it go away. Know your rights and check the facts.

https://www.consumerfinance.gov/about-us/newsroom/consumer-advisory-pause-and-review-your-rights-when-you-hear-from-a-medical-debt-collector/

Director Chopra delivered remarks about medical debt at a White House convening.

https://www.consumerfinance.gov/about-us/newsroom/prepared-remarks-of-cfpb-director-rohit-chopra-at-a-white-house-convening-on-medical-debt/