It seems like a dumb idea to shut down the US’s Consumer Financial Protection Bureau.
Nominating McKernan to lead the CFPB suggests that, despite the "delete" rhetoric, the consumer watchdog isn't on its way to the kill shelter.
The CFP also prosecutes companies that it says fail to protect consumers. In December, it filed a lawsuit against the ...
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 ...
The first director of CFPB told BI that Musk's calls to dismantle the bureau are "totally unethical." The first director of the Consumer Financial Protection Bureau warned against eliminating the ...
That makes for a more competitive landscape. However, he does think it is possible that the CFPB could have a reduced role, and Gerety said it wouldn’t surprise him if the bureau's complaint ...
According to the reports, no reason was given for the closure. The news of an empty headquarters at the CFPB this coming week follows reports that several employees of the Department of Government ...
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.
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