Judge blocks Trump admin from firing CFPB employees
A federal judge on Friday blocked the Trump administration from firing employees at the Consumer Financial Protection Bureau ...
New York Post5d
CFPB’s 1,700 employees told to ‘not perform any work’ as Obama-era agency becomes latest Trump target
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 ...
New York Post4d
Top CFPB leaders dismissed as Trump team begins to dismantle agency
Enforcement director Eric Halperin and supervision director Lorelei Salas were placed on administrative leave by Mark Paoletta, the top lawyer at both the CFPB and the White House Office of ...
Politico4d
Top CFPB officials resign, in latest upheaval at the agency
CFPB Deputy Director Zixta Martinez was also placed on administrative leave, according to an agency spokesperson. Eric Halperin, assistant director for the Office of Enforcement, and Lorelei Salas ...
ABC News5d
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The agency is at a virtual standstill after Musk's Department of Government Efficiency and Russell Vought, the leader of the White House budget office and now acting director of the CFPB ...
Yahoo Finance5d
As he targets the CFPB, Elon Musk looks to dismantle his own potential regulator
Elon Musk has spent years laying the groundwork to transform X into a digital payments platform. Now he appears to be helping dismantle the agency that would oversee it. Over the weekend, the ...
Yahoo Finance6d
Vought cuts off CFPB funding, saying it’s not necessary to run the agency
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 National Law Review4d
CFPB Shaken Up While Courts Address Consumer Fraud Obligations Under EFTA and Convenience Fees
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...
Business Insider5d
The CFPB tells its workers to 'not perform any work tasks' this week while it shuts down its DC headquarters
On Sunday, employees at the CFPB received a two-sentence email from Adam Martinez, the agency's chief operating officer, telling DC employees to work remotely. "The DC Headquarters Building will ...
Law5d
CFPB Labor Union Files Twin Lawsuits Seeking to Prevent Agency's Closure
A top member of the President Donald Trump administration ended all CFPB enforcement activities, according to the lawsuits. Trump named his budget chief Russell Vought as the CFPB acting director.
U.S. News & World Report3d
Should You Be Worried About the CFPB Halt? Here's What It Means for Banking
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 ...