President Donald Trump is reportedly looking at making big cuts to the Consumer Financial Protection Bureau (CFPB). It comes as the Senate just overturned a cap on overdraft fees enforced under former President Joe Biden's administration. On Thursday, the Senate voted 52-48 to end a CFPB rule that would limit…
The U.S. Supreme Court has ruled in favor of maintaining the Consumer Financial Protection Bureau's (CFPB) unique funding structure, shielding the powerful federal agency from congressional oversight. The Supreme Court's decision allows the CFPB to continue receiving funds directly from its parent agency, the Federal Reserve, without yearly congressional oversight,…
