Senator Elizabeth Warren (D-MA) urged the CFPB to take action against the "rampant fraud" on the peer-to-peer instant payment platform Zelle.
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The CFPB intends to issue a proposed rulemaking this year on "consumer-authorized access to financial records."
In a new policy statement, the CFPB clarified the Dodd-Frank Act "abusiveness standard" for supervision and enforcement.
U.S. Representatives Rashida Tlaib (D-MI) and Alma S. Adams (D-NC) introduced bills that would amend the Fair Credit Reporting Act to improve consumer protections.
Representative Garland "Andy" Barr (R-KY) introduced a bill to authorize the Consumer Financial Protection Bureau to assess whether insured depository institutions are compliant with the Military Lending Act.