The top U.S. watchdog agency for consumer finance will cut its inspections of financial services companies in half while focusing on threats to military personnel and turning away from areas like ...
Willie Sutton famously said he robbed banks “because that’s where the money was.” The Consumer Financial Protection Bureau (CFPB) has taken the opposite approach: it goes where the money was taken—and ...
The insurer’s core product is not the policy document delivered at the point of sale; it is the promise of financial protection when a covered loss occurs. That promise has meaning only if honored ...
WASHINGTON—Republicans, riding high from their election sweep of the House, Senate and White House, are again pushing to hobble the Consumer Financial Protection Bureau, the governmental entity that ...
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The terminations leave a gaping hole in the oversight of financial institutions and tech firms venturing into financial technology. The terminations leave a gaping hole in the oversight of financial ...