The decision, disclosed in a court filing, puts the Consumer Financial Protection Bureau on track to shut down in ‘early 2026’ when its remaining cash runs out.

White House Budget Director Russell Vought announced plans to close the Consumer Financial Protection Bureau within 2-3 months, contradicting the administration's legal stance. However, Vought may not ...

The Trump administration has declared that the Consumer Financial Protection Bureau’s funding mechanism is illegal, which ...

President Donald Trump's clampdown on the U.S. Consumer Financial Protection Bureau earlier this year has compounded IT security lapses at the agency through the cancellation of contracts, according ...

PALM BEACH GARDENS, FL, UNITED STATES, February 11, 2025 /EINPresswire.com/ -- In a significant shift, the Trump administration has effectively halted operations at ...

The top official at the Trump administration's budget office said that the number of federal job cuts during the ongoing government shutdown could exceed 10,000; while a federal judge put the layoffs ...

Russell Vought, acting director of the Consumer Financial Protection Bureau, also heads the Office of Management and Budget. The Consumer Financial Protection Bureau is rescinding two Biden-era rules ...