The Trump administration insists the financial watchdog is safe for now, but as in administrations past, it can be made into whatever officials want it
The Consumer Financial Protection Bureau, a longtime target of the Republican Party that has undergone a significant shakeup in recent weeks, will continue operating, the Trump administration says. After Trump replaced its director with Russell Vought — director of the White House budget office and an author of Project 2025 — work at the CFPB was frozen.
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."
The sudden halt to CFPB's works leaves much of consumer finance, from mortgage companies to payment apps, unsupervised.
The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of financial institutions and businesses.
Senator Elizabeth Warren is convening a forum to investigate the President Donald Trump-Elon Musk attack on the CFPB.
Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the midst of a complete overhaul that could cripple its ability to act as ...
The Consumer Financial Protection Bureau hurts consumers by slapping unnecessary fines and regulations on lenders, making it harder for them to lend and driving vulnerable Americans into financial ...
California Attorney General Rob Bonta and others filed a court brief against the Trump administration for attempting to dismantle a consumer bureau.