Should You Be Worried About the CFPB Halt?
Major CFPB cases are in limbo, including lawsuits against Capital One and Walmart. With fewer regulatory constraints, banks ...
US consumer watchdog fires some probationary staff, sources say
The U.S. Consumer Financial Protection Bureau fired some probationary staff on Tuesday, according to a recipient of a ...
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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 under strict orders to do nothing.
Trump wants to shut the CFPB. So what does this consumer 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 ...
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Elon Musk's DOGE takes aim at agency that had plans of regulating X
Musk and other Silicon Valley executives have long railed against the Consumer Financial Protection Bureau for its work ...
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Two top CFPB officials resign after being ordered to stop all work
The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...
Musk wants to take $711 million from an agency that has returned $21 billion to consumers.
“Hey so Nuking CFPB is guillotining a program that returns 66$/person in fraud reimbursements for 2$/person annually in costs,” they calculated. “It’s 3003% efficient. But DOGE doesn’t give a shit ...
Did sidelining the CFPB make life more difficult for big banks?
Some of the Trump administration's approach toward deregulating the financial industry risks putting the economy in a bind.
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Senator Elizabeth Warren says Elon Musk’s D.O.G.E is harmful to US consumers
Senator Elizabeth Warren accused Elon Musk and Donald Trump of leaving American consumers completely exposed to financial exploitation after ...
Consumers don't need more hidden fees, tricky loans, or a repeat of financial crisis
The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...