The halt of the Consumer Financial Protection Bureau's activities leaves CFPB rules targeting junk fees in a state of uncertainty.
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 ...
UPDATE: This story was updated Sunday night to include the news that the CFPB headquarters has been ordered closed this week. 1. Stop all supervision activity that has not been approved by the ...
"CFPB RIP," Musk wrote on X on Friday. The Consumer Financial Protection Bureau, a federal agency designed to prevent another financial crisis and protect people from scams, has halted most of its ...
Russell Vought, the newly installed director of the Office of Management and Budget, directed the CFPB, in a Saturday night email confirmed by The Associated Press, to stop work on proposed rules ...
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 ...
Two days after DOGE head Elon Musk posted “CFPB RIP” on X, employees of the Consumer Financial Protection Bureau headquarters in Washington, DC were told via email today to work remotely next ...
Musk’s team on Friday entered the headquarters of the CFPB, an agency that the billionaire Donald Trump adviser has personally targeted, according to three people familiar with their actions.
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 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 ...
Three DOGE team membersChristopher Young, Nikhil Rajpal, and Gavin Kligerarrived at the CFPB’s Washington office, the CFPB employees union NTEU 335 said in a Friday statement. The move comes mon ...
Three DOGE team membersChristopher Young, Nikhil Rajpal, and Gavin Kligerarrived at the CFPB’s Washington office, the CFPB employees union NTEU 335 said in a Friday statement. The move comes months ...