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Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
The judge's order requires the Trump administration to reinstate terminated CFPB employees among other steps.
The CFPB's chief operating officer gave a sworn declaration saying the DOGE team members were "provided privacy and cyber security training" and signed non-disclosure agreements.
“I think that the Trump administration has been very clearly signaling where it wants the CFPB to go, which is to a much smaller organization that has a more constrained sphere of influence and ...
The CFPB is statutorily required to maintain and monitor a database of complaints. You can file complaints with the CFPB in several ways.
The CFPB was established by the 2010 Dodd-Frank Act, an expansive piece of legislation that imposed consequential regulatory reform in the wake of the 2008 financial crisis.
“Gutting an organization like the CFPB does hurt investors on smaller financial transactions where they can get taken advantage of,” he said.
On March 10, a court hearing took place about the future of the agency. While the CFPB still exists, and the CFPB complaint page is still up, experts say CFPB staffers are unable to do their jobs.
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.
About 70-100 employees were terminated at the CFPB, following dozens of recent workers who were fired earlier this week. Agency staff are bracing for even wider layoffs.
The CFPB alleged the company refinanced unaffordable loans to trap delinquent borrowers into continuous fee-laden debt. SoLo Funds: The CFPB charged this online lending platform with “deceiving ...