Judge Amy Berman Jackson issued a preliminary injunction Friday afternoon that requires the Trump administration to reinstate any terminated CFPB employees, rescind the cancellation of any ...

In the weeks since President Trump's return to office, the Consumer Financial Protection Bureau, long a target of conservatives, landed in the crosshairs of Elon Musk's DOGE, or Department of ...

News Trump's CFPB: Smaller, Weaker, But Still Standing, Attorneys Say “I think that the Trump administration has been very clearly signaling where it wants the CFPB to go, which is to a much ...

If the CFPB doesn’t take immediate action, your state’s attorney general or legal services programs may still file a lawsuit against a bad-behaving company if you raise the issue to them, he said.

More than 1,400 Consumer Financial Protection Bureau (CFPB) workers were terminated from their positions on Thursday amid a broader Trump administration shakeup at the independent government ...

In February 2025, acting director Russell Vought told CFPB employees to stop working. Elon Musk posted on the social media platform X, "CFPB RIP." By mid-February, a judge temporarily blocked the ...

Like the CFPB, the Federal Deposit Insurance Corporation was also created in the wake of a financial crisis — the Great Depression. It is the agency that insures deposit accounts up to $250,000 .

Last March, the CFPB finalized a new rule that would cap credit card late fees at $8 or 25 percent of the minimum period payment, arguing that current fees—which average $32—are “excessive ...

The CFPB also receives complaints from other agencies or members of government. For example, if you reach out to your congressional representative with a complaint about a financial product or ...

Although the CFPB, which is tasked with ensuring banks, lenders and other financial companies play fair with consumers, is severely weakened, Americans shouldn’t be too worried about a repeat of ...

The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump ...