Given the CFPB’s recent lack of action, enforcement experts don’t believe a proposed 50% budget cut will have much of an ...

Emails and testimonials from workers at the Consumer Financial Protection Bureau document the administration’s efforts to lay off 90 percent of the employees. By Stacy Cowley Consumer finance ...

Like the CFPB, the Federal Deposit Insurance Corporation was also created in the wake of a financial crisis – the Great Depression. It is the agency that insures deposit accounts up to $250,000.

Although the CFPB, which is tasked with ensuring banks, lenders and other financial companies play fair with consumers, is severely weakened, Americans shouldn’t be too worried about a repeat of ...

At first, it seemed like a mistake or a scam. Garrett Boorojian wasn't sure how else to explain the $2,600 check from Citibank that landed in his mailbox in mid-January. The truth, the 36-year-old ...

The agency was created by lefty Sen. Elizabeth Warren and former President Barack Obama in the aftermath of the 2008 financial crisis as a consumer protection regulator.

Both of these FNMA and FMCC with inflation adjusted pricing and working in how very profitable they are future prices well over $100 for each GSE . $72 in 2009 US dollar is now worth $110 . The ...

I think if there was transparency people might feel more confident about what's happening. Three hours after they swept in, Elon Musk posted this on X: "CFPB RIP" – rest in peace.

In 2024, CFPB banned Navient from federal student loan servicing and ordered it to pay a $120 million settlement, including $100 million in redress to borrowers who were harmed by its “wide ...

The CFPB was created in 2010 in response to the financial crisis that triggered the Great Recession. Since Congress established the bureau, it would take an act of Congress to fully dissolve it.

TOMPOR: Well, I think the first concern is, of course, President Trump had a first administration, and the CFPB was a much-diluted organization or agency. Wasn't as active, but it still existed.

But the CFPB was created after the financial crisis, and consumer-finance scams have not become more rare. In short: Something isn’t adding up.