The Trump administration’s effort to dismantle the Consumer Financial Protection Bureau has cost U.S. consumers an estimated $19 billion in just one year, according to a report released Monday as ...
Two reports released Monday explored the scope of the CFPB’s downsizing in the last 12 months. A second one, by Senate Democrats, said the changes have cost consumers $19 billion.
“If the CFPB were eliminated, Congress would transfer its consumer-protection activities back to the Fed, the FDIC, the OCC, the NCUA, the FTC, HUD, and the Department of Education, all of which ...
A federal judge on Jan. 28, 2026, issued a temporary restraining order halting the U.S. Department of Homeland Security Operation PARRIS activities in Minnesota that affect the refugee community.
Consumer Financial Protection Bureau Acting Director Russ Vought claims in his piece “DEI Turns Fair-Lending Laws on Their Head” (Jan. 27) that “[n]o court has ever found a lender to have violated” ...
A federal appeals court will soon decide whether the Trump administration can fire a majority of the staff at an agency tasked with helping consumers and take other actions that could gut the bureau.
Former Rep. Mike Gallagher and political scientist Kevin Wallsten say that Biden's DEI agenda alienated would-be military recruits. Can Trump, who touts high standards and individual merit, reverse a ...
A man, center left, next to a Minneapolis police officer grabs a protester in the doorway during a noise demonstration protest in response to federal immigration enforcement operations in the city ...
Jim Beam, the 230-year-old Kentucky bourbon icon, will halt production at its main distillery in 2026. Forbes reports it is the first pause in modern history at the flagship site. The reasons for the ...
Warren alleged that the CFPB, led by acting Director Russell Vought, has taken actions that run counter to Trump's efforts to make credit cards more affordable, reported CNBC on Friday, citing a ...