United States federal banking legislation: Latest News, Top Stories & Analysis

CFPB Report Exposes Widespread Issues in Debt Collection Practices

September 9, 2024September 8, 2024 - by Maryann Pugh

WASHINGTON, D.C. – In its latest annual report, the Consumer Financial Protection Bureau (CFPB) has unveiled persistent and troubling practices in the collection of medical and rental debts, highlighting the …

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FTC Provides CFPB with Annual Summary of Debt Collection Activities

November 23, 2023November 20, 2023 - by Maryann Pugh

The Federal Trade Commission (FTC) recently submitted its annual summary of consumer protection activities in the debt collection sector to the Consumer Financial Protection Bureau (CFPB). The CFPB will use …