bankingdive2h
CFPB union warns of ‘mass’ layoff to affect 95% of the bureau
The bureau terminated roughly 70 to 100 term employees Thursday. An amended complaint asserts there's more to come — and that agency leadership aims to return the CFPB’s reserve funding and terminate ...
JD Supra6m
Who is Jonathan McKernan, the Nominee for CFPB Director?
On February 11, the White House announced the nomination of Jonathan McKernan to serve as Director of the. McKernan was most recently a member of the Board of Directors of the Federal Deposit ...
The technology team at financial regulator CFPB has been gutted
Around 20 technologists at the Consumer Financial Protection Bureau were fired on Thursday evening, gutting a team that ...
NBC Montana16h
'Monumental mistake': Missoula financial adviser warns against CFPB halt
The Trump administration stopped the work of the Consumer Financial Protection Bureau earlier this week, according to the Associated Press. The bureau awarded c ...
DOGE rightly targets the CFPB, but only Congress can deliver lasting change
The most impactful way to make lasting change at the agency is the same way it was created — by congressional action. Rep. Andy Barr (R-KY) is one of several members of the legislature who has been at ...
This Consumer Protection Cop Was Just Thrown Off the Beat by DOGE
The Trump and Musk administration hollowed out the Consumer Financial Protection Bureau, removing the watchdogs who were “protecting people's money.” ...
From credit cards to medical debt: What may happen to some key consumer protection rules under Trump
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing.
KALW2d
Two top CFPB officials resign after being ordered to stop all work
The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...