Consumer Financial Protection Bureau

  • PRESS RELEASE: EPIC and Americans for Financial Reform Oppose Attempt to Strip Away Payment App Protections

    March 10, 2025

    EPIC and Americans for Financial Reform (AFR) oppose the Trump Administration’s recent attacks on the CFPB and efforts by Congress to overturn finalized CFPB rules that protect users of payment apps. These attacks put Americans’ privacy and financial wellbeing at risk, as well as threatening to destabilize the financial industry.

    • Consumer Privacy

    • Cybersecurity

    • Data Protection

    • Data Security

    • Government Records & Privacy

    • Privacy Laws

    • U.S. Privacy Laws

    • Updates

  • Trump Administration’s Attacks on the CFPB Threaten Privacy, Data Security, and the Stability of the Financial Industry

    March 7, 2025

    Since its founding in 2011, the Consumer Financial Protection Bureau has been a champion for consumers in the financial services industry. The Bureau has returned over $21 billion to consumers in its 14 years of operation. Yet the Trump Administration has launched a full-scale attack on the CFPB over the past month, putting the Project 2025 goal of eliminating the CFPB into action.

    • Consumer Privacy

    • Cybersecurity

    • Data Brokers

    • Data Protection

    • Data Security

    • Government Records & Privacy

    • Privacy Laws

    • U.S. Privacy Laws

    • Analysis

  • Data Broker Harms to Public Officials

    March 4, 2025

    Data brokers build extensive dossiers of information on Americans, including law enforcement officers, judges, and other public officials.

    • Consumer Privacy

    • Data Brokers

    • Fact Sheets

  • EPIC Denounces Administration’s Assault on Consumer Financial Protection Bureau 

    February 13, 2025

    Over the past week, the Trump administration and associates of Elon Musk have escalated their existential attack on the Consumer Financial Protection Bureau (CFPB), effectively shutting down a vital federal agency that protects consumers from harmful business and personal data practices by banks and other financial companies. EPIC condemns this coordinated assault on consumers, which undermines one of the most effective champions for the public interest anywhere in government.

    • Consumer Privacy

    • Data Brokers

    • Data Security

    • Updates

  • CFPB Finalizes Rule Removing Medical Debt from Credit Reports 

    January 10, 2025

    The Consumer Financial Protection Bureau (CFPB) finalized a rule this week that largely prohibits the inclusion of medical debt on credit reports and prohibits lenders from considering medical information when making lending decisions.

    • Consumer Privacy

    • Data Brokers

    • Updates

  • Data Broker Harms: Domestic Violence Survivors

    November 25, 2024

    • Consumer Privacy

    • Data Brokers

    • Privacy Laws

    • U.S. Privacy Laws

    • Fact Sheets

  • CFPB Publishes Report Warning States of Risks of Exempting Financial Institutions from Privacy Laws 

    November 12, 2024

    “Exemptions from state data privacy laws can leave consumers at heightened risk with regard to their financial data,” the report found.  

    • Consumer Privacy

    • Data Protection

    • Privacy Laws

    • U.S. State Privacy Laws

    • Updates

  • EPIC, Coalition Call on CFPB to Move Forward in Fair Credit Reporting Act Rulemaking 

    November 5, 2024

    EPIC and a coalition of civil society organizations and experts sent a letter urging the Consumer Financial Protection Bureau to release a proposed rule to strengthen the Fair Credit Reporting Act as soon as possible.

    • Consumer Privacy

    • Data Brokers

    • Data Protection

    • Privacy Laws

    • U.S. Privacy Laws

    • Updates

  • Letter to CFPB Re: Request for Release of Notice of Proposed Rulemaking in Fair Credit Reporting Act Rulemaking Proceeding

    November 5, 2024

    The undersigned organizations write to urge the Consumer Financial Protection Bureau (CFPB) to move ahead with its Consumer Reporting Rulemaking by releasing a Notice of Proposed Rulemaking (NPRM) as soon as possible.

    • Consumer Privacy

    • Data Brokers

    • Data Protection

    • Privacy Laws

    • U.S. Privacy Laws

  • How Data Brokers Harm Immigrants

    October 29, 2024

    Data brokers are companies that collect, aggregate, and sell personal information such as names, addresses, social security numbers, and purchase history, often without the knowledge or consent of the individuals involved. This data could be used to target immigrants for deportation, marketing for predatory products, or criminalization.

    • Consumer Privacy

    • Data Brokers

    • Data Protection

    • Privacy Laws

    • U.S. Privacy Laws

    • Fact Sheets