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Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
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 ...
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 ...
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 ...
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 .
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 ...
TOMPOR: Well, I think the first concern is, of course, President Trump had a first administration, and the CFPB was a much-diluted organization or agency. Wasn't as active, but it still existed.
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 ...
CFPB staff are hearing talk that much wider cuts to the organization are planned for Friday. Laurel Wamsley is covering what's happening at CFPB. If you have a tip, you can contact her securely on ...
The Consumer Financial Protection Bureau (CFPB) is sending out mass layoff notices that appear to be in defiance of a court order blocking further layoffs following DOGE-induced cuts.
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 ...