The Trump administration has stopped consumer financial protection work. Here's what the CFPB does
It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's new head has closed its offices and told staff to stay home.
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard Americans against unfair business practices, is the newest target of Elon Musk and the Trump administration.
Trump shuts Consumer Financial Protection Bureau headquarters, halts agency’s activity
President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ordered the watchdog agency to stop nearly all of its work. On Saturday, CFPB chief Russell Vought sent the directive to the agency’s staff,
Trump Administration Orders Consumer Protection Agency to Stop Work, Closes Building
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 fin
New acting director tells Consumer Financial Protection Bureau to suspend most operations
The Consumer Financial Protection Bureau and will suspend most of its operations, according to a memo from its new acting director Russell Vought.
The Consumer Financial Protection Bureau Harms Those Whom It Claims to Protect
If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer Financial Protection Bureau.
Is Trump hurting or helping Americans by freezing Consumer Financial Protection Bureau?
The Trump administration's got its eyes on the Consumer Financial Protection Bureau. What's at stake for Americans? Experts weigh in.
What is the Consumer Financial Protection Bureau, and why is it a Trump target?
The Consumer Financial Protection Bureau was established to root out corporate wrongdoing after the 2008 crash. The Trump administration has moved to weaken it.
Trump Vs. CFPB: Russ Vought Orders Consumer Financial Protection Bureau To Stop Work
Consumer Financial Protection Bureau Acting Director Russell Vought told agency employees on Monday not to come into work or perform any work tasks—a dismal sign for the bureau that has been targeted by President Donald Trump and tech billionaires,
Union Sues Trump For Trying To Shut Down Consumer Financial Protection Bureau
The National Treasury Employees Union says the president is violating the constitutional separation of powers.
Trump administration orders 1,700 Consumer Financial Protection Bureau workers to stay home
Workers at the federal government's consumer finance watchdog in Washington were told to stay home Monday after the acting director, newly installed by President Donald Trump, ordered the agency to halt its work.
From credit cards to medical debt: What may happen to some key consumer protection rules under Trump
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now ...
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Is the CFPB Being Eliminated? What Could That Mean for You?
"If the FDIC is dismantled, all money in our banks would be at risk," Steele said. However, experts point out that for now, ...
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...