News

CFPB workers are receiving mass layoff notices
The Consumer Financial Protection Bureau (CFPB) is sending out mass layoff notices that appear to be in defiance of a court ...
American Banker20h
CFPB shifts enforcement to states, stops nonbank oversight
An internal Consumer Financial Protection Bureau memo says the agency will shift enforcement and supervisory work to the ...
American Banker5h
CFPB guts staff as White House tries to dismantle agency
The Consumer Financial Protection Bureau is laying off more than 1,400 employees just days after a panel of judges said the bureau couldn't fire employees without an assessment of whether the workers ...
CFPB to make sweeping job cuts as Trump admin refocuses agency
The Consumer Protection Bureau (CFPB) moved to make sweeping job cuts as the Trump administration looks refocus the agency's ...
South Florida Reporter2h
Consumer Financial Watchdog Lays Off Most Of Its Employees
The action flouting a federal judge’s protective order follows an announced shift of focus away from supervising and fining ...
HousingWire7h
The CFPB announces sweeping job cuts: up to 90% gone
An email sent to employees outlined the agency's new focus, shifting its attention away from supervisory roles.
Consumer watchdog agency begins sweeping layoffs and changes in operations
The Consumer Financial Protection Bureau sent out a reduction-in-force notice to more than 1,500 workers on Thursday ...
The CFPB says it will 'deprioritize' protecting student borrowers, people with medical debt
New leaders at the Consumer Financial Protection Bureau say the agency will return to its original mandate of regulating ...
Layoffs hit Consumer Financial Protection Bureau as Trump's government downsizing continues
WASHINGTON — President Donald Trump is shrinking the size and the mission of the Consumer Financial Protection Bureau, the ...