The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...
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.
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
Russell Vought, the acting head of the Consumer Financial Protection Bureau, is halting the flow of new funding to the agency and shutting down its headquarters, the latest threat to the CFPB’s ...
Trump administration closes CFPB HQ for a week Vought suspends CFPB activities, ceases supervision of financial companies Workers accuse Elon Musk of glaring conflict of interest Feb 9 (Reuters ...
Vought, also a Project 2025 author, was named acting director of the CFPB on Friday. "I am honored that President Trump designated me as Acting Director of the Bureau on February 7, 2025," Vought ...
In the email to CFPB employees, which was obtained by NBC News, Vought confirmed that he has taken on the role of acting head of the bureau and announced a dozen directives that would go into ...
Office of Management and Budget Director Russell Vought is quickly seeking to crack down on the activities of the Consumer Financial Protection Bureau (CFPB), preventing it from drawing down more ...
The CFPB protects consumers by analyzing the practices of large financial institutions like banks, lenders, credit unions, and debt collectors to ensure they are not improperly targeting consumers.
In an email obtained by CNN, Adam Martinez, the CFPB’s chief operating officer, instructed all employees and contractors in Washington to “work remotely unless instructed otherwise from our ...
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