The Trump administration moved to eliminate nearly 90% of staff at the Consumer Financial Protection Bureau. Legal challenges have prevented the Trump administration from shutting down the agency.
Explore the key differences between Sarbanes-Oxley and Dodd-Frank Acts, and discover their impact on financial regulation and investor protection.
Russell Vought’s dismantling of the Consumer Financial Protection Bureau is putting the public at risk in areas ranging from auto loans and digital payments to credit cards and credit reports. Two ...
That figure doesn’t cover “costs Americans could have been scammed out of due to a sidelined CFPB,” notes a new report.
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 Consumer ...
In the weeks since President Trump's return to office, the Consumer Financial Protection Bureau, long a target of conservatives, landed in the crosshairs of Elon Musk's DOGE, or Department of ...
A federal judge on Friday blocked the Trump administration from attempting to dismantle the Consumer Financial Protection Bureau. On Saturday, the Trump administration appealed the judge's decision. U ...
CFPB ensures financial markets fairness, focusing on rule enforcement and consumer education. Established post-2008 crisis, CFPB centralizes oversight of banking/lending practices. Investors benefit ...
The Consumer Financial Protection Bureau has been reduced to a skeleton crew. The department, which was created to oversee banks and financial institutions, has cut about 1,500 jobs, leaving about 200 ...
The agency, which has returned $21 billion to consumers since its inception, could lose 1,500 of its 1,700 employees, a union warned. By Stacy Cowley The Trump administration sent layoff notices on ...
DALLAS — When Elon Musk posted “CFPB RIP” with a tombstone emoji on X earlier this month, it set off a chain-of-events that continues to threaten the agency’s future. The Consumer Financial Protection ...
The Consumer Financial Protection Bureau has been quiet since the early days of the second Trump presidency, when the administration stopped work at the agency and told staffers to stay home. But ...