Congress established the CFPB with the Dodd-Frank Act in 2010, in the wake of the 2008 economic crisis. One of its goals was to strengthen and consolidate consumer protection powers that had been ...
President Trump signed a so-called big beautiful bill on July 4 that nearly halves annual funding for the Consumer Financial Protection Bureau. CFPB funding would fall to 6.5% of the annual operating ...
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, ...
President Trump's efforts to unilaterally and radically reduce the workforce at the Consumer Financial Protection Bureau is teeing up a rarely-considered constitutional question: if Congress makes the ...
(Bloomberg) -- Republicans have had the US Consumer Financial Protection Bureau in their sights since its 2011 inception. They’ve long sought to dismantle the watchdog, accusing it of overstepping its ...
NEW YORK — The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get paid. But, in practice, the bureau has been mostly inoperable ...
"CFPB RIP" was Elon Musk's tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, President Donald Trump. Rohit Chopra, former director of ...
A massive tax and spending law that President Donald Trump signed last week slashes the Consumer Financial Protection Bureau's annual budget — and critics of the move say they fear it may lead to less ...
This article was first published on NerdWallet.com. "CFPB RIP" was Elon Musk's tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, ...
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