By Aaron Nicodemus2023-10-30T22:25:00
The Consumer Financial Protection Bureau (CFPB) plans to expand its enforcement efforts to protect consumers from misuse of their personal data, which businesses collect and then use to make decisions on loans, credit, housing, employment, and more.
CFPB Enforcement Director Eric Halperin discussed the agency’s enforcement activities during a speech Thursday at a National Consumer Law Center conference. He noted his office will be adding 75 new full-time employees as part of its expansion.
Halperin said the agency’s enforcement efforts are ramping up in response to risks created by what he described as the “surveillance economy.”
2024-07-31T15:31:00Z By Adrianne Appel
A nationwide rental outlet affiliated with Rent-a-Center and its chief executive have been sued by the Consumer Financial Protection Bureau for allegedly deceiving five million consumers about the terms of credit agreements.
2024-05-02T16:24:00Z By Kyle Brasseur
Digital wallet company PayPal disclosed it won’t face enforcement regarding a Consumer Financial Protection Bureau probe into its subsidiary Venmo.
2024-04-17T17:38:00Z By Kyle Brasseur
The Consumer Financial Protection Bureau continued its push to establish supervisory authority over more nonbank financial companies with the adoption of a procedural rule to streamline the process for such designations.
2025-08-21T18:58:00Z By Oscar Gonzalez
The Federal Trade Commission filed a complaint against LA Fitness’ parent companies, citing difficulties canceling memberships, a month after a court blocked the agency’s click-to-cancel rule.
2025-08-20T21:22:00Z By Adrianne Appel
CVS’s Caremark division knowingly overcharged Medicare for prescription drugs and must pay nearly $290 million, a Pennsylvania federal judge has ordered.
2025-08-18T14:12:00Z By Oscar Gonzalez
The owner of a water machine vending company and a portfolio manager were allegedly behind a Ponzi-like scheme that raised more than $275 million, according to the U.S. Securities and Exchange Commission.
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