Business Insider4d
The CFPB tells its workers to 'not perform any work tasks' this week while it shuts down its DC headquarters
On Sunday, employees at the CFPB received a two-sentence email from Adam Martinez, the agency's chief operating officer, telling DC employees to work remotely. "The DC Headquarters Building will ...
New York Post4d
CFPB’s 1,700 employees told to ‘not perform any work’ as Obama-era agency becomes latest Trump target
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 ...
devdiscourse4d
Showdown at CFPB: Trump Administration's Aggressive Overhaul Sparks Controversy
President Trump's new chief at the U.S. Consumer Financial Protection Bureau halted all work, ordering employees to stay away ...
CBS News4d
Federal employees union files lawsuits over CFPB shutdown and DOGE access
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 ...
devdiscourse3d
CFPB Crisis: Resignations and Controversy Under Trump Administration
Top officials at the U.S. Consumer Financial Protection Bureau (CFPB) resigned, opposing the Trump administration's directive to cease agency activities. Enforcement Director Halperin and Supervision ...
JD Supra3d
CFPB Bites of the Month - 2024 Annual Review - Fintech
In this article, we share a timeline of our monthly "bites" for 2024 applicable to companies in FinTech. The Consumer Financial Protection Bureau ...
WLWT4d
Trump administration orders consumer protection agency to stop work, closes building
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 ...
Politico5d
Vought cuts off CFPB funding, saying it’s not necessary to run the agency
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 ...
Business Insider6d
'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
"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 ...
The Washington Post4d
White House targets CFPB as union sues over work stoppage
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 ...
Boston.com4d
‘This is code red,’ Warren says of Musk targeting CFPB
“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 ...