Hugh Son

The Archive

Judge orders CFPB to reinstate fired employees, preserve records and get back to work

March 28, 2025 | 05:14PM
The Justice Department had charged Javice with four crimes including wire and bank fraud, counts which carry multi-decade maximum sentences

March 28, 2025 | 03:32PM

Startup founder Charlie Javice found guilty of defrauding JPMorgan Chase in $175 million deal
U.S merchants who use JPMorgan to handle payments can now add Affirm to their checkout pages, according to a release

March 25, 2025 | 09:00AM

Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout
The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as Klarna is set to go public

March 17, 2025 | 07:14AM

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
With the Consumer Financial Protection Bureau frozen, consumers will have to rely on their state AGs and regulators when they have complaints

March 13, 2025 | 02:00PM

New York AG announces bill to protect consumers from scams after Trump hobbles CFPB
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month

March 10, 2025 | 08:37AM

Here's why banks don’t want the CFPB to disappear
The Senate request is one of the first signs of scrutiny on Visa after a late January announcement that it had agreed to provide services to X

March 07, 2025 | 11:00AM

Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra

March 04, 2025 | 01:26PM

CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law

February 28, 2025 | 10:31AM

Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
Since acting CFPB Director Russell Vought took over, the agency closed its Washington HQ, fired staff and told those who remain to stop nearly all work

February 27, 2025 | 05:20PM

Senators grill Trump’s CFPB director pick: You are 'on the Titanic, good luck’

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