Dodd-Frank

CEA analysis weighs CFPB’s economic impact

A new report from the Council of Economic Advisers (CEA) estimates that the Consumer Financial Protection Bureau (CFPB) has imposed $237 billion to $369 billion in cumulative costs on U.S. consumers since its creation in 2011, largely through higher borrowing costs. For 2024 alone, the report estimates $24 billion to $38 billion in costs. The […]

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The CFPB’s budget might be shrinking, but does that even matter?

The Trump administration’s “Big Beautiful Bill” may contain many initiatives lauded by the housing industry, but if you’re a federal regulator — namely the Consumer Financial Protection Bureau (CFPB) — you might have a different take.  The multitrillion-dollar bill, which was passed by the U.S. Senate on Tuesday but still awaits approval from the House

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