CFPB terminates dozens of employees: reports
The Consumer Financial Protection Bureau (CFPB) fired dozens of employees late Tuesday, according to media reports. The agency sent termination notices to about 70 probationary employees, ...
CFPB's new leadership begins staff purge with dozens of employees terminated
The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal ...
Democrats Protest Dismantling of CFPB as Trump Nominates New Agency Head
More than 170 Senate and House Democrats blast the work stoppage the Trump administration has implemented at the consumer ...
Politico3d
Vought cuts off CFPB funding, saying it’s not necessary to run the agency
Russell Vought, the acting head of the Consumer Financial Protection Bureau, is halting the flow of new funding to the agency and shutting down its headquarters, the latest threat to the CFPB’s ...
Trump unveils nominees for CFPB director, comptroller of the currency
President Trump sent a new list of nominations to the Senate on Tuesday, unveiling his picks to lead several key financial regulatory agencies in his second administration. Jonathan ...
PBS3d
Vought orders CFPB to stop investigations and suspend new rules from taking effect
Russell Vought, the newly installed director of the Office of Management and Budget, directed the CFPB, in a Saturday night email confirmed by The Associated Press, to stop work on proposed rules ...
Inc4d
CFPB Workers Protest New Leadership
Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C. Photo: Getty Images About 100 workers at the U.S. Consumer Financial Protection Bureau protested outside the agency’s ...
Politico5d
‘CFPB RIP’: Elon Musk is already descending on his next target
Musk’s team on Friday entered the headquarters of the CFPB, an agency that the billionaire Donald Trump adviser has personally targeted, according to three people familiar with their actions.
Washington Examiner4d
DOGE probes CFPB as Musk paints a grim picture for the agency
The CFPB protects consumers by analyzing the practices of large financial institutions like banks, lenders, credit unions, and debt collectors to ensure they are not improperly targeting consumers.
Business Insider4d
'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
"CFPB RIP," Musk wrote on X on Friday ... misguided regulatory actions and stand ready to support his efforts to chart a better course for the Bureau," he said in a statement.
Investopedia3d
New Acting CFPB Chief Halts Investigations and Enforcements, Forgoes Some Federal Funding
Tierney L. Cross / Bloomberg via Getty Images Russell Vought took over as CFPB's acting chief last week Issuing a dozen directives Saturday, Vought asked CFPB staff to pause investigations and ...
What does having the Consumer Financial Protection Bureau on hold mean for consumers?
Real-time index price for KBW Capital Markets Index (KSX), along with buy or sell indicators, analysis, charts, historical performance, news and more ...