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Home » Topics » News » Inside the CFPB

Inside the CFPB
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NTEU, Trump Admin Split on Breadth of March Injunction

December 8, 2025
Shannon Clark
While both parties agreed that the court’s preliminary injunction is still in effect, the CFPB asked the court not to use the injunction to address questions surrounding the bureau’s funding.
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Consumer Advocates Challenge Trump Admin on CFPB Funding

December 8, 2025
Shannon Clark
CFPB Acting Director Russell Vought is required by the Dodd-Frank Act to determine the amount of funding “reasonably necessary” to carry out the bureau’s responsibilities, according to consumer advocacy groups.
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CFPB Institutes ‘Humility Pledge’ Reading Before Exams

December 8, 2025
Shannon Clark
The new policy requires examiners to read out a statement before conducting company reviews, signaling a shift to more transparent, narrower exams focused on tangible consumer harm.
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Warren Confident CFPB Won’t Be Completely Eliminated

December 8, 2025
Shannon Clark
Sen. Elizabeth Warren, D-MA, though raised concerns about efforts by CFPB Acting Director Russell Vought and the Trump administration to “sideline” the CFPB.
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Appeals Court Rules New York FAPA Applies Retroactively

December 8, 2025
Shannon Clark
The court determined that when used retroactively, the new state foreclosure-protection law in New York doesn’t interfere with mortgage lenders’ due process rights.
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Servicers Held Liable in Convenience Fee Lawsuit

December 8, 2025
Shannon Clark
A Maryland court ruled that Lakeview Loan Servicing and Nationstar Mortgage are subject to state prohibitions against charging convenience fees for monthly mortgage payments via phone.
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Fed Examiners Warn Lenders About Flood Insurance Violations

December 8, 2025
Shannon Clark
Federal Reserve examiners have identified several compliance violations related to flood insurance coverage and notices, force placement and loan modifications.
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Debt Collection Issues Tied to Attempts to Collect Debt Not Owed

December 8, 2025
Shannon Clark
The CFPB’s annual Fair Debt Collection Practices Act report showed that consumers’ debt collection issues were largely tied to attempts to collect debt that consumers didn’t owe.
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Other News in Brief

December 8, 2025
Shannon Clark
ABA asks the CFPB to retract documents that target credit card rewards; former CFPB Director Rohit Chopra working with Democratic state AG group; Waters pushes House committee to hear from CFPB director.
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CFPB Set to Run Out of Funds by Early 2026

November 24, 2025
Shannon Clark
In recent court filings, the CFPB cited a memo from the Department of Justice that said the Federal Reserve currently lacks “combined earnings” from which the bureau can draw.
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