What does having the Consumer Financial Protection Bureau on hold mean for consumers?
The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is the latest U.
Trump has subdued the Consumer Financial Protection Bureau. So what does this agency do?
President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.
'Clear conflict of interest': Musk moves to dismantle consumer protection bureau
The Trump administration is moving to dismantle the Consumer Financial Protection Bureau. First Director of the CFPB Richard Cordray joins Chris Jansing to discuss the changes to the federal government and the potential impact of it.
Consumer Financial Protection Bureau to shutter for a week
The closure of the CFPB, established after the 2008 financial crisis, follows a visit Friday by members of Elon Musk’s U.S. DOGE Service team.
Inside Trump and Musk’s War on the Consumer Financial Protection Bureau
The new boss at the Consumer Financial Protection Bureau had a jarring message for staffers Monday morning, in an internal memo leaked to Rolling Stone: “Stand down from performing any work task.” The message came from Russell Vought — a Project 2025 architect who was confirmed by the Senate last week to lead the Office of Management and Budget in the Trump White House.
Fed's Powell: No agency other than CFPB tasked with consumer protection enforcement
No U.S. regulator other than the Consumer Financial Protection Bureau is tasked with ensuring that banks abide by rules guarding against deceptive practices regarding consumers, the head of the Federal Reserve said on Tuesday as he was pressed by a senior Democratic senator to ensure the CFPB remains funded.
Trump Vs. CFPB: Russ Vought Orders Consumer Financial Protection Bureau To Stop Work
Feb. 9 The National Treasury Employees Union, which represents CFPB employees, sued Vought, asking a judge to stop him from halting the bureau’s work and alleging he granted staffers from Musk’s Department of Government Efficiency access to CFPB’s internal communications systems, NBC reported.
How America's chief consumer-protection agency came into the Trump administration's crosshairs
When the Consumer Financial Protection Bureau made an appearance in the Heritage Foundation’s Project 2025 blueprint, the conservative group’s plan was simple: Abolish it entirely.
Trump Administration closes Consumer Financial Protection Bureau
The agency was created to ensure fair and transparent financial services and products. Trump wants the Department of Education to be closed 'immediately.' Here's what shutting it down would mean.
A Consumer Financial Watchdog’s Fate Is Unclear. Here’s What’s at Stake.
Many consumer protections are in limbo, including an $8 cap on credit-card late fees and a proposed rule on selling customer ...
With Attack on Consumer Bureau, Musk Removes Obstacle to His ‘X Money’ Vision
Former officials at the Consumer Financial Protection Bureau said Elon Musk’s payment-business aspirations were driving his ...
US consumer bureau upheaval leaves consumers adrift, experts say
The Trump administration's rapid dismantling of the U.S. consumer protection watchdog will have broad implications for ...
From credit cards to medical debt: What may happen to some key consumer protection rules under Trump
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now ...
The Latest: Consumer protection regulators get fill-in-the-blank firing memos
Probationary employees have less civil service protection because they’ve been on the job for less than a year. The bureau, ...