House Republicans Vote to Kill the CFPB’s $5 Overdraft Fee Cap
The House also voted to repeal a CFPB rule giving it oversight of Big Tech’s forays into payment services, a potential boon to X Money.
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CFPB
House GOP Targets Rollback of CFPB Rule on Big Tech Payment Apps
Majority Leader Steve Scalise’s plan to use the Congressional Review Act would be a giveaway to Big Tech companies that offer digital payments—and Elon Musk's X.
Trump Could Pick a Big Tech Ally for Next CFPB Head
Melissa Holyoak, an FTC commissioner known for her ties to tech giants like Google, is being considered for director of the consumer watchdog agency that is challenging Big Tech.
Finance Industry-Funded Andy Barr Expands His War on the CFPB With a New Bill
Barr's latest bill would limit the Consumer Financial Protection Bureau’s authority to police abusive conduct.
CFPB Attorney Who Helped Water Down Payday Lending Rule Operated a High-Cost Auto Lender
Christopher G. Mufarrige ran a Buy Here Pay Here used car lot in Texas before joining CFPB and working on payday lending regulations.