The final days of a presidential administration after the election of a successor are called the "lame duck" period, but under Joe Biden and bureau director Rohit Chopra, the Consumer Financial Protection Bureau has been anything but lame. The agency has ...
The Consumer Financial Protection Bureau filed one lawsuit and reached five settlements last week, totaling nearly $206.6 million in civil resolutions and redress.
Democrats may have lost power in Washington in part because voters blamed them for the rising cost of goods, but when Joe Biden’s administration hands over power, it will also leave behind a series of strong new protections for consumers.
Roughly 100 rules implemented by the Biden administration could be repealed by conservatives under the Congressional Review Act.
During his presidency, Joe Biden faced significant setbacks at the U.S. Supreme Court, whose 6-3 conservative majority overturned key policies central to his agenda. Landmark rulings included the 2022 overturning of Roe
but under Joe Biden and bureau director Rohit Chopra, the Consumer Financial Protection Bureau has been anything but lame. The agency has dished out new rules and punished companies for alleged ...
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
A wide-ranging pause on agency funds and grants remains on ice — even after the White House rescinded a contested OMB memo announcing the suspension.
Massachusetts Senator Elizabeth Warren has been a prominent voice in the Democratic Senate caucus. The consumer rights proponents recently went viral for her tough questions to Robert F. Kennedy Jr. during his confirmation hearing for Health and Human Services Secretary.
President Donald Trump’s dramatic pause of federal grants and loans is queuing up a Supreme Court showdown over the Constitution that will test the court’s recently muscular commitment to curb executive power.
Over 100 million Americans are saddled with medical debt, but a few initiatives are addressing — or even eliminating — it.
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t going to be quick, analysts say.