A bipartisan commission that investigated what happened concluded “it was the collapse of the housing bubble — fueled by low ...
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency ...
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The Consumer Financial Protection Bureau (CFPB) is allowing some offices to resume their functions, as the Trump administration faces a legal challenge over its stop work order and other efforts ...
On February 11, 189 congressional Democrats sent a letter to Acting Director Russell Vought of the CFPB and Treasury Secretary Scott Bessent expressing concerns regarding the involvement of DOGE ...
Major CFPB cases are in limbo, including lawsuits against Capital One and Walmart. With fewer regulatory constraints, banks and lenders may adjust their fee structures and lending policies ...
The CFPB has implemented regulations to enforce consumer protection laws, including predatory lending and deceptive financial products, ensuring a safer marketplace for all. The Trump ...
The letters were sent from Adam Martinez, who’s the acting Chief Human Capital Officer for the agency. Taylor Sonne is one CFPB employee who said he received notice of termination on Tuesday.
U.S. consumers are at greater risk of being exploited by tech giants and financial firms after President Donald Trump fired a team of technologists from the Consumer Financial Protection Bureau ...
The abrupt firing of Rohit Chopra, Consumer Financial Protection Bureau (CFPB) Director on February 1 and the swift appointment of Scott Bessent on February 3 have set in motion the rapid ...
Cordray argues that removing the CFPB is akin to removing police from ... regulate the financial industry in the wake of the housing bubble that began in the early 2000s and burst in 2006-2007 ...