The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
The Consumer Financial Protection Bureau regulates financial products on behalf of the public and has returned over $21 billion to consumers.
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 ...
It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's ...
"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 ...
UPDATE: This story was updated Tuesday, Feb. 11 and Sunday, Feb. 9 to include the information about closing the CFPB headquarters and the Slate reporting. 1. Stop all supervision activity that has ...
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 ...
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.
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 ...
Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C. Photo: Getty Images About 100 workers at the U.S. Consumer Financial Protection Bureau protested outside the agency’s ...
Vought told staff on Friday that he is the acting director of the CFPB, an independent agency that polices financial institutions and nonbank entities, according to the people. Vought wrote a ...
Senate Building on January 22 in Washington, DC. The move came after CFPB’s X account, formerly available at @CFPB, appeared to be taken offline—telling users “This account doesn’t exist ...