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 ...
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 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 ...
But much of the ire is aimed at Russ Vought, the Office of Management and Budget director and the acting CFPB director. Predictably, a federal employees union quickly sued to stop the Trump ...
The entrance to the Consumer Financial Protection Bureau (CFPB) headquarters. Photo: Getty Images The Consumer Financial Protection Bureau, which Congress established to monitor credit card ...
The article below was originally published Feb. 20, after newly installed CFPB leaders halted the agency’s work. The latest updates on changes to the CFPB under the Trump administration can be ...
Just as the CFPB is responsible for overseeing traditional financial institutions, the agency had also sought to exert oversight over the increasingly popular peer-to-peer payment sites.
Consumers will be better off without the CFPB breathing down the neck of American companies. Since the inauguration of President Trump, the CFPB’s temporary leadership put an immediate halt on ...
"With the new administration halting work at the CFPB, American citizens are at greater risk of financial fraud and discrimination," said Leslie H. Tayne, Esq., Finance and Debt Expert and ...
U.S. District Judge Amy Berman Jackson blocked the CFPB from terminating additional employees after the Trump administration this week fired dozens of agency workers, including an entire team of ...
A protester holds a sign supporting the Consumer Financial Protection Bureau. (Nathan Howard/Reuters) Ever since the Consumer Financial Protection Bureau opened in 2011 with a mandate to regulate ...
Last week, the CFPB dropped a case against the online lender Solo Funds, which the agency had said deceived borrowers about loan costs. Likewise, the CFPB dropped cases against the Berkshire ...