MSNBC3d
The closure of a consumer watchdog will help Elon Musk — but hurt the rest of us
In short, the CFPB has proven time and time again the government can be effective on behalf of the welfare of the people. No wonder oligarchs hate it. The Consumer Financial Protection Bureau was ...
Roll Call11d
Chopra’s CFPB exit comes as lawmakers mull changes to its structure
“Make no mistake, today’s decision is the first ... as we have for more than 14 years, to defend the CFPB from Republican attacks and ensure they stay true to its mission of protecting ...
New York Post4d
CFPB’s 1,700 employees told to ‘not perform any work’ as Obama-era agency becomes latest Trump target
cheered the moves, writing: “The CFPB is highly-partisan. The CFPB is unaccountable. And it should no longer be a federal agency.” Trump said Friday that he has authorized Musk’s DOGE effort ...
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 ...
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 ...
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 ...
Forbes4d
Trump Vs. CFPB: Russ Vought Orders Consumer Financial Protection Bureau To Stop Work
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 ...
Law4d
CFPB Labor Union Files Twin Lawsuits Seeking to Prevent Agency's Closure
The National Treasury Employees Union filed two complaints seeking to prevent the White House from closing the Consumer Financial Protection Bureau. A top member of the President Donald Trump ...
Politico6d
‘CFPB RIP’: Elon Musk is already descending on his next target
Some House Democrats on Friday decried DOGE descending on the CFPB. “The Consumer Financial Protection Bureau has saved American consumers over $20 billion. No wonder the billionaires running ...
The Hill3d
Warren: Reported effort to shutter CFPB ‘another scam’
Congress built the CFPB, and no one other than Congress — not the president, not Musk, not Vought — can shut it down.” Republicans have opposed the CFPB since its creation, suing the agency ...
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 ...
Forbes5d
CFPB’s Funding Gets Cut Off After Russell Vought Takes Over Consumer Protection Agency
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 ...