Exterior of the CFPB headquarters in Washington, D.C.
Credit/Adobe Stock
The director of the Consumer Financial Protection Agency vowed Friday to resume enforcement actions that were delayed by a legal challenge to the agency that the Supreme Court dismissed in a 7-2 ruling Thursday.
CFPB Director Rohit Chopra said the Bureau is adding another 75 investigators and lawyers, resuming its campaign to "stop the creep of junk fees," closing the late fee loophole for credit cards and considering new rules to prevent the "weaponizing of credit reports" by some who use abusive reporting practices that can intimidate households "to pay a bill they might not even owe."
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