The Trump administration has significantly reduced the Consumer Financial Protection Bureau's activities over the past year.
Two reports released Monday explored the scope of the CFPB’s downsizing in the last 12 months. A second one, by Senate ...
The CFPB is an independent government agency tasked with protecting consumers and enforcing rules for banks, credit unions ...
Office of Management and Budget (OMB) Director Russell Vought testifies before the House Appropriations Committee at the U.S. Capitol on June 04, 2025 in Washington, DC. This story was originally ...
“If the CFPB were eliminated, Congress would transfer its consumer-protection activities back to the Fed, the FDIC, the OCC, the NCUA, the FTC, HUD, and the Department of Education, all of which ...
Michael Salemi, the CFPB's top enforcement official, has resigned due to the Trump administration's obstruction of agency activities. His departure follows similar concerns from his predecessor, ...
A federal judge in Washington, D.C., has ordered an immediate halt to the planned firings of nearly 1,500 employees at the ...
The White House cannot lapse in its funding of the Consumer Financial Protection Bureau, a federal district court judge ruled on Tuesday, only days before funds at the bureau would have likely run out ...
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