Nominating McKernan to lead the CFPB suggests that, despite the "delete" rhetoric, the consumer watchdog isn't on its way to the kill shelter.
WASHINGTON — The nearly 1,700 employees of the Consumer Financial Protection Bureau (CFPB) were told Monday not to come to the office or do any work — as the agency became the latest target of ...
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 ...
The CFPB is an independent government agency established by Congress in the wake of the 2008 financial crisis to protect consumers from corporate fraud and scams. President Trump named Russell ...
"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 ...
In a separate email sent Sunday morning, also viewed by The Post, Adam Martinez, the CFPB’s chief operating officer, informed staff that the agency’s Washington headquarters would be closed ...
“Congress built the CFPB, and no one other than Congress, not the president, not Musk, not Vought can shut it down,” Warren said in a video posted to X. Warren and other congressional ...
She publicly championed its merit after the 2007 mortgage meltdown crisis and was instrumental in getting the CFPB into a sweeping 2010 overhaul of financial regulations. Then-President Barack ...
The public broadside arrived hours after Russell Vought — the White House budget chief tapped by President Donald Trump to serve as acting CFPB director — halted more of the bureau’s ...
Some believe the CFPB has acted too aggressively or that its functions could be better filled in another way. Acting director Russell Vought recently instructed staff to suspend most operations.
Feb. 9The National Treasury Employees Union, which represents CFPB employees, sued Vought, asking a judge to stop him from halting the bureau’s work and alleging he granted staffers from Musk ...
One CFPB staffer said Monday that every meeting and work item on their calendar, including reviewing investigative actions, had been deleted. “I think at some point, the machinery is going to ...
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