The Federal Government founded CFPB in 2011 in response to the financial crisis that preceded the Great Recession, with the objective to offer consumers financial protections from fraud and scams.

Last week, several CFPB employees — some anonymous but who offered to provide their identities to the judge under seal — submitted sworn statements that the Trump administration is trying to ...

The CFPB is "an independent bureau within the Federal Reserve" tasked with making sure "that the financial products and services offered to American consumers are fair and transparent," said NPR.