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Texas Federal Judge Refuses to Pause CFPB Case Against Bank

In March 2025, a Northern District of Texas judge denied the Consumer Financial Protection Bureau’s (CFPB) motion to stay its case against Comerica Bank for alleged mismanagement of a government benefit card program in...more

CFPB Finalizes Rule Preventing Overdraft Fee Loophole for Large Banks

​​​​​​​In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans from lending laws, a major step in the CFPB’s efforts to curb junk fees....more

CFPB Takes the Next Step Towards Establishing Rules for Open Banking

In Se​​​​​​​ptember 2024, the CFPB announced the launch of a public comment process for the first application for open banking standard setter recognition, marking an important step towards establishing rules for open banking...more

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