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Key Points ・A Texas federal judge has blocked the CFPB's January 2025 rule that banned the inclusion of medical debt in ...
A federal judge in Texas has reversed a Biden-era rule that aimed to remove $50 billion in medical debt from credit reports.
Still, Boltansky thinks the rule will not go into effect as scheduled in October 2025. "Ultimately, at a minimum, we expect the Trump CFPB will delay the effective date of this rule as it considers ...
On July 18, 2024, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule ... These novel interpretations depart from precedent, reverse the CFPB’s own recent positions, ...
Consumer Financial Protection Bureau. How the CFPB's Medical Debt Rule Could Backfire Scrubbing credit reports won’t erase debt—it will just make borrowing harder for low-income Americans.
On May 14, the Consumer Financial Protection Bureau (CFPB or Bureau) published a proposed rule to rescind amendments to its Procedures for Supervisory Designation Proceedings, originally adopted ...
Democratic U.S. President Joe Biden in December vetoed a congressional resolution to reverse the CFPB's rule, saying it would hinder the government's ability to conduct oversight of predatory lenders.
The CFPB's interpretive rule, which former Director Rohit Chopra put forth in 2024, was an attempt to close that loophole. The CFPB's research in January found that most BNPL loans were made to ...
The Consumer Financial Protection Bureau (CFPB) is withdrawing a Biden-era proposal that sought to rein in the sale of Americans’ personal information by data brokers. In a federal regis… ...
The CFPB said that its overdraft rule will take effect Oct. 1, 2025, though its ultimate fate is unclear. Even before the election victory of Donald Trump last month, ...
Today’s rule is part of the CFPB’s efforts to finally activate Section 1033 of the Consumer Financial Protection Act, a dormant legal authority enacted by Congress in 2010,” the CFPB said in ...