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In total, 62 have been published by Consumer Finance Monitor which Ground News has aggregated in the past 3 months.

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Top Consumer Finance Monitor News

US Supreme Court · United States

Supreme Court Limits Nationwide Injunctions Allowing Partial Enforcement of Trump Birthright Order

46% Center coverage: 325 sources

The Supreme Court case Trump v. CASA cut right to the heart of the judicial insurrection, the trend of district court judges siding with leftist activists to block President Donald Trump’s policies through nationwide preliminary injunctions. See the Story

US Politics · United States

Republicans float revamped proposal for CFPB cuts

78% Center coverage: 36 sources

Senate Republicans are making another go at targeting a key funding source for the Consumer Financial Protection Bureau (CFPB) as part of their massive bill to advance President Trump’s tax agenda and spending cuts. See the Story

Department of Government Efficiency · Honolulu

Trump’s consumer protection cuts have cost Americans $18B, groups say

80% Center coverage: 5 sources

See the Story

Independent Fed Inspector General assigned to CFPB investigating administration’s actions at the CFPB

The independent Office of Inspector General (OIG) for the Federal Reserve System (FRS) and Consumer Financial Protection Bureau (CFPB) is investigating the bureau’s workforce reductions and its canceled contracts, according to a letter to Senator Andy Kim, D-NJ, from Acting FRS/CFPB IG Fred Gibson. Gibson said he already was investigating the workforce reductions at the bureau in response to a letter from Senator Gary Peters, D-Mich.... Continue…New Jersey · New Jersey Read Article

FinCEN Lets Banks Collect Customer Tax Info From Third Parties

The Treasury Department has debuted rule changes designed to help banks maintain compliance. [contact-form-7] The department’s Financial Crimes Enforcement Network (FinCEN) issued an order Friday (June 27) that allows banks to collect tax identification number (TIN) information from a third party rather than from the financial institution’s customer. “We recognize that the way customers interact with banks and receive financial service…Social Security · United States See the Story

Trigger‑Leads Bill Clears House: What It Means for the Industry - The MortgagePoint

The U.S. House of Representatives has passed the bipartisan Homebuyers Privacy Protection Act, a bill that would reduce the number of unwanted calls and messages potential homeowners across the country experience during the homebuying process. It is now heading to the Senate.United States · United States See the Story

CFPB will not issue revised BNPL rule

Having previously announced that it was withdrawing its Buy Now, Pay Later rule, the CFPB recently said that it does not intend to issue a revised rule. “The Bureau has determined that it does not intend to reissue the BNPL Interpretive Rule because it was procedurally defective and the interpretation included therein applied ill-fitting open-end credit regulations to BNPL products, which are generally structured as closed-end loans,” the CFPB s…United States · United States Read Article

[Opinion] OCC confirms that its national bank preemption regulations are valid and require no changes despite Cantero Supreme Court opinion

The OCC has mounted a vigorous defense of federal preemption, calling it “a cornerstone of the dual banking system, under which federally and state-charted banks operate alongside each other.” “Federal preemption has proven to be a powerful enabler of local and national prosperity and growth,” Acting Comptroller Rodney Hood wrote in a letter to Brandon Milhorn, President and CEO of the Conference of State Bank Supervisors, who called for rescind…Opinion · United States Read Article

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Top Consumer Finance Monitor News

Supreme Court Limits Nationwide Injunctions Allowing Partial Enforcement of Trump Birthright Order

Republicans float revamped proposal for CFPB cuts

Trump’s consumer protection cuts have cost Americans $18B, groups say

Independent Fed Inspector General assigned to CFPB investigating administration’s actions at the CFPB

FinCEN Lets Banks Collect Customer Tax Info From Third Parties

Trigger‑Leads Bill Clears House: What It Means for the Industry - The MortgagePoint

CFPB will not issue revised BNPL rule

[Opinion] OCC confirms that its national bank preemption regulations are valid and require no changes despite Cantero Supreme Court opinion

FTC seeks to ban Blackstone Legal from debt collection business

Senate Official Blocks CFPB Defunding in Trump’s Megabill

CFPB Wants to Scale Back Use of Civil Penalty Fund

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