Consumer Financial Protection Bureau Archives

Elon Musk shows off a shirt that says “DOGE” as he walks on the South Lawn of the White House in Washington, D.C., on March 9, 2025. (Photo by Oliver Contreras / AFP) (Photo by OLIVER CONTRERAS/AFP via Getty Images)

Judge OK’s labor groups’ challenge to DOGE data work at DOL, CFPB, HHS

A lawsuit seeking relief from DOGE’s accessing of PII at the agencies can move forward on claims that the Administrative Procedure Act may have been violated.

Apr 17, 2025 By Matt Bracken

Federal agencies aren’t working together to fight consumer scams, GAO says

The watchdog calls for a governmentwide strategy to counter tech-fueled schemes after auditing the FBI, CFPB, FTC and other agencies’ approaches.

Apr 15, 2025 By Matt Bracken

CFPB Director Rohit Chopra speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on June 13, 2023. (Photo by Michael A. McCoy/Getty Images)

CFPB signs off on standard-setting body’s application for open-banking rule

Financial Data Exchange will set standards under the agency’s Personal Financial Data Rights rule, allowing consumers to access and transfer their personal financial data.

Jan 10, 2025 By Matt Bracken

Financial regulatory agencies are sunsetting a tool to assess cyber risks

An OCC official says the move reflects the evolving nature of threats and more robust guidance from NIST and CISA.

Sep 30, 2024 By Matt Bracken

The US Treasury Department building is seen in Washington, DC, January 19, 2023. (Photo by SAUL LOEB/AFP via Getty Images)

Treasury group unveils guidance for financial sector on cloud adoption

Regulators from Treasury, CFPB and OCC say the resources will especially help small banks that adopted cloud practices “before they were ready.”

Jul 17, 2024 By Matt Bracken

CFPB urged by consumer groups to take action on banks’ use of algorithms

Consumer Reports and the Consumer Federation of America ask the agency for “regulatory clarity” on how financial institutions use “discriminatory” tools to guide credit decisions.

Jul 2, 2024 By Matt Bracken

CFPB and Fortinet Federal share strategies for navigating cyber frontier

In the ever-evolving cybersecurity landscape, federal agencies are grappling with the challenges of modernization and bolstering their cyber defenses. Despite commendable strides across government, skills gaps and…

Dec 13, 2023 By Scoop News Group

A display shows a vehicle and person recognition system for law enforcement during the NVIDIA GPU Technology Conference in Washington, DC, November 1, 2017. (Image credit: SAUL LOEB/AFP via Getty Images).

AI ‘Bill of Rights’ must be accompanied by NIST risk management framework say experts

Bias and privacy risks associated with the technology can't be properly identified until NIST completes much-awaited impact assessments.

Oct 4, 2022 By Dave Nyczepir

File photograph dated May 6, 2010 shows traders on the floor of the New York Stock Exchange looking at stocks during the final minutes of trading during the Wall Street “flash crash”, which was prompted by one firm’s algorithm selling off 75,000 stocks in 20 minutes, according to a joint report by the Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC). TIMOTHY A. CLARY/AFP via Getty Images)

CFTC eyes natural language processing to standardize data, improve customer experience

Commodity Futures Trading Commission employees need standardized data to effectively oversee product markets.

Mar 16, 2022 By Dave Nyczepir

CFPB addresses the future of its authentication practices

The Consumer Financial Protection Bureau's CIO on how the agency seeks to eliminate the use of passwords altogether across all its systems.

Mar 10, 2022 By FedScoop Staff