The cuts are "necessary" to "reflect the agency's priorities," the bureau's acting director wrote. Attorneys for the CFPB ...

An 11-point memo directs the agency’s staff to bring redress directly to affected consumers, “rather than imposing penalties on companies in order to simply fill the Bureau’s penalty fund,” the CFPB’s ...

The removal of Todd Harper and Tanya Otsuka may put other regulators at risk, including Fed Chair Jerome Powell, whose ...

HSBC was Episode Six’s second client. The exec who inked the partnership, Brian Muse-McKenney, saw so much promise in the ...

JPMorgan Chase has stopped sharing information electronically with the agency, a source told Banking Dive. BNY and Bank of ...

The regional lender is honing the way a group of its bankers manage small-business customer relationships as competition ...

Salem-based Maps Credit Union’s purchase of Lewis & Clark Bank marks the fourth whole-bank acquisition proposed by a credit ...

Arjun Thyagarajan, the company's CEO and co-founder, filed for Chapter 11 in a Delaware court, citing “costly litigation” and ...

The investment firm originally sought a charter in 2020, but abandoned its efforts in 2022. It still plans to move forward ...

New York’s usury laws “are patently inapplicable to DailyPay’s service,” because the company does not provide loans, New York City-based Daily Pay said in its press release. “DailyPay’s service is in ...

A judge’s decision, made public Monday, marks the latest development in a yearslong legal fight between the bank and the ...

The bureau’s acting director said the Biden administration used guidance as a substitute for formal regulation and gave eight ...