litigation

After ruling, stage set for new battles over CFPB's future

06/29/20

The Supreme Court threw out a key statutory provision concerning the agency’s leadership structure, but the presidential election and possible legislative reforms could bring about more changes to the embattled bureau.

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No decision by Supreme Court on CFPB's constitutionality

06/25/20

With just 13 decisions remaining on the docket this session, the high court's highly anticipated ruling in a case challenging the agency's leadership structure could come as early as next Monday.

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Consumer advocates allege bias in CFPB task force

06/16/20

A lawsuit filed Tuesday argues that the bureau's establishment of the panel looking into regulatory changes violated the Federal Advisory Committee Act.

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Community groups plan to sue OCC over CRA rule

05/21/20

The National Community Reinvestment Coalition, California Reinvestment Coalition and Democracy Forward accuse the agency of “unlawfully gutting” the historic anti-redlining law.

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Latest worry for PPP lenders: Liability for loans they didn't make

05/05/20

Bankers are bracing for accusations of discrimination in the way Paycheck Protection Program loans were allocated.

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CFPB proposes making debt collectors disclose statute of limitations

02/21/20

Debt collectors would have to tell consumers upfront that they cannot sue to recover "time-barred" debt under a proposal issued Friday by the Consumer Financial Protection Bureau.

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Lawsuit alleges PNC built payments product with stolen trade secrets

02/17/20

A Denver company says that the $410 billion-asset bank used its confidential information to create a copycat product and poach its customers. PNC is contesting the allegations.

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CFPB’s unexpected showdown with Citizens

02/09/20

The agency's lawsuit against the Rhode Island company — the first involving a bank under Director Kathy Kraninger — has challenged assumptions about its approach to enforcement.

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CFPB backers tell high court that agency's structure is legal

01/24/20

Democratic lawmakers, state attorneys general and others filed briefs with the Supreme Court rebutting claims that the agency’s leadership structure is unconstitutional.

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Lawyer picked to defend CFPB before high court backs agency structure

01/15/20

The Supreme Court appointed Paul Clement to represent the agency after the bureau’s current director questioned its constitutionality.

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