The Consumer Financial Protection Bureau (CFPB) has finalized several rules aimed at enhancing consumer protections in the financial sector. Among these, the CFPB's new regulations address illegal practices by credit card companies that devalue rewards programs, potentially costing consumers approximately $500 million annually. The agency has warned that some credit card issuers may be violating laws by offering rewards that are difficult or impossible for consumers to redeem. Additionally, the CFPB has implemented standard mortgage protections for Property Assessed Clean Energy loans, which allow homeowners to finance upgrades through property tax bills. These measures are part of a broader initiative to protect consumers from predatory lending practices, including closing an overdraft loophole created by the Truth in Lending Act. The new rules will take effect on January 9, 2025, and come as the agency responds to ongoing concerns about unfair practices in the credit card industry, especially during the busy holiday shopping season.