The Trump administration has significantly reduced the Consumer Financial Protection Bureau's activities over the past year.
Two reports released Monday explored the scope of the CFPB’s downsizing in the last 12 months. A second one, by Senate ...
The Trump administration’s effort to dismantle the Consumer Financial Protection Bureau has cost U.S. consumers an estimated $19 billion in just one year, according to a report released Monday as ...
The CFPB is an independent government agency tasked with protecting consumers and enforcing rules for banks, credit unions ...
Add Yahoo as a preferred source to see more of our stories on Google. Twenty-one state and district attorneys general filed a lawsuit against Office of Management and Budget Director Russell Vought on ...
“If the CFPB were eliminated, Congress would transfer its consumer-protection activities back to the Fed, the FDIC, the OCC, the NCUA, the FTC, HUD, and the Department of Education, all of which ...
Vought has claimed that the Federal Reserve has no "combined earnings" this year, therefore it cannot give CFPB money. Judge Amy Berman Jackson shot that down. In an order issued today, a federal ...
The White House cannot lapse in its funding of the Consumer Financial Protection Bureau, a federal district court judge ruled on Tuesday, only days before funds at the bureau would have likely run out ...
Consumer advocacy groups have filed a lawsuit against the Trump administration, alleging misinterpretation of the CFPB's funding statute that could deplete its resources. The lawsuit argues this move ...