The Consumer Financial Protection Bureau (CFPB) is allowing some offices to resume their functions, as the Trump administration faces a legal challenge over its stop work order and other efforts ...
Major CFPB cases are in limbo, including lawsuits against Capital One and Walmart. With fewer regulatory constraints, banks and lenders may adjust their fee structures and lending policies ...
U.S. consumers are at greater risk of being exploited by tech giants and financial firms after President Donald Trump fired a team of technologists from the Consumer Financial Protection Bureau ...
I'm co-founder & CEO with 30+ years in community economic development. The abrupt firing of CFPB Director Rohit Chopra on February 1 and the swift appointment of Scott Bessent on February 3 have ...
The article below was originally published Feb. 20, after newly installed CFPB leaders halted the agency’s work. The latest updates on changes to the CFPB under the Trump administration can be ...
But much of the ire is aimed at Russ Vought, the Office of Management and Budget director and the acting CFPB director. Predictably, a federal employees union quickly sued to stop the Trump ...
The entrance to the Consumer Financial Protection Bureau (CFPB) headquarters. Photo: Getty Images The Consumer Financial Protection Bureau, which Congress established to monitor credit card ...
Consumers will be better off without the CFPB breathing down the neck of American companies. Since the inauguration of President Trump, the CFPB’s temporary leadership put an immediate halt on ...
Just as the CFPB is responsible for overseeing traditional financial institutions, the agency had also sought to exert oversight over the increasingly popular peer-to-peer payment sites.
Rohit Chopra, the former director of the Consumer Financial Protection Bureau (CFPB), argued Monday that shutting down the agency is “begging for another financial crisis,” as the Trump ...
U.S. District Judge Amy Berman Jackson blocked the CFPB from terminating additional employees after the Trump administration this week fired dozens of agency workers, including an entire team of ...
Within 24 hours of being put at the helm of the bureau, Acting Director Russell Vought instructed all CFPB employees to stop all work and requested that its funding for the year ahead be slashed to ...