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Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
Roughly 1,500 employees — or almost 90% of the agency's staff — will be cut from the CFPB, leaving around 200 people, according to an administration official who wasn't authorized to disclose the figure publicly and spoke to the Associated Press on condition of anonymity. Fox Business first reported the number of layoffs.
With Destruction of the Consumer Financial Protection Bureau, Fraud Victim ‘Not Hopeful’ He’ll Be Refunded
On Jan. 16, the Consumer Financial Protection Bureau (CFPB) ordered the operator of digital payment provider Cash App to pay $175 million for failing to protect consumers from fraud, including $120 million in refunds and a $55 million penalty to the agency's victims relief fund.
Congress created the agency in the wake of the 2008 financial crisis to protect consumers from various kinds of lending and ...
Acting Consumer Financial Protection Bureau Director Russell Vought also directed that future guidance not use the words ...
The Consumer Financial Protection Bureau plans to narrow the scope of a Biden-era public registry for nonbank companies found ...
The Consumer Financial Protection Bureau issued a rule last year limiting late fees to $8, but on Monday it joined a ...
The Consumer Financial Protection Bureau had accused the Dallas bank of "deliberately disconnecting 24 million customer ...
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