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 ...
This past week the acting director of the Consumer Financial Protection Bureau (CFPB) stopped operations and halted funding to the agency. Born out of the Dodd-Frank Wall Street Reform and ...
U.S. District Judge Amy Berman Jackson on Friday issued an order reflecting the agreement to not terminate the agency’s employees, delete CFPB data or transfer money out of its reserves for now.
“It’s pretty ludicrous,” this witness said. The CFPB did not respond to a request for comment. When the CFPB prepares to file a lawsuit against a company, it typically hires ...
The Trump administration has agreed to pause layoffs and funding cuts at the Consumer Financial Protection Bureau, or CFPB, the federal agency responsible for cracking down on “junk” fees and ...
He and I conducted via email the interview below about the ongoing shutdown of the Consumer Financial Protection Bureau (CFPB), and what it means for both the financial sector and consumers.
The consumer watchdog agency began layoffs on Thursday. Government lawyers representing the acting director of the Consumer Finance Protection Bureau reached an agreement during a court conference ...
Claire Dickey is a Newsweek senior editor based in Florida. Her focus is reporting on personal finance news, with extensive coverage related to credit cards and banking. Claire joined Newsweek in ...
"It is Congress that created the Consumer Financial Protection Bureau, and it is only Congress, not Donald Trump, not Elon Musk … who can actually get rid of the CFPB," Warren (D-Mass.) ...
WASHINGTON — The nearly 1,700 employees of the Consumer Financial Protection Bureau (CFPB) were told Monday not to come to the office or do any work — as the agency became the latest target of ...