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The 2017 data breach landed the consumer credit ratings ... The breach led to a record settlement with ... without condition,” a statement from the Consumer Financial Protection Bureau chided ...
The Consumer Financial Protection Bureau (CFPB) experienced a significant security breach when a former employee transferred confidential information on approximately 256,000 consumers and forty-five financial institutions to their personal email account.
Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau. Millions hurt by credit repair firms to share $1.8 billion in refunds Skip to ...
In January 2020, Equifax agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories. For those that were affected by the data breach, there were open suggestions to file claims against it.
This resulted in enforcement actions, including an $80 million settlement with Ally Financial. This was a clear case of the CFPB overstepping its authority, bypassing Congress' intent by ...
The Consumer Financial Protection Bureau (CFPB) was envisioned by Elizabeth Warren while she was still a law professor at Harvard Law School. In 2010, it was established by the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act under President Barack Obama and the Democrat-led Congress.
A federal judge in Washington temporarily ordered the Trump administration to halt efforts to dismantle the Consumer Financial Protection Bureau (CFPB) on Friday, barring officials from laying off ...
Consumer Financial Protection Bureau v. Community Financial Services Ass'n of America, Ltd., 601 U.S. 416 (2024), was a United States Supreme Court case where the Court ruled that the funding mechanism of the Consumer Financial Protection Bureau (CFPB), which is allocated from the Federal Treasury budget rather that through Congressional appropriations, is constitutional under the ...