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Consumer Financial Protection Bureau, Trump
Trump administration moves to shut down Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is likely the next federal agency on the chopping block as President Donald Trump and Elon Musk continue the DOGE agenda to shrink the size of the federal government.
Trump has subdued the Consumer Financial Protection Bureau. So what does this 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 protecting consumers.
Trump Vs. CFPB: Russ Vought Orders Consumer Financial Protection Bureau To Stop Work
Feb. 9 The National Treasury Employees Union, which represents CFPB employees, sued Vought, asking a judge to stop him from halting the bureau’s work and alleging he granted staffers from Musk’s Department of Government Efficiency access to CFPB’s internal communications systems, NBC reported.
3d
White House Orders Consumer Protection Agency Shutdown
The Trump administration orders a shutdown of the Consumer Financial Protection Bureau, halting inquiries and new rules.
2d
on MSN
Secrecy preceded the shutdown of the consumer protection agency’s Washington headquarters
President Donald Trump’s budget chief has sent an email to consumer protection agency employees telling them to stop working.
3h
Trump CFPB Pick McKernan to Lead Agency Targeted for Shutdown
President Donald Trump’s nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau brought some relief ...
2d
Confusion Reigns as ‘a Wrecking Ball’ Hits the Consumer Bureau
Since the acting director of the Consumer Financial Protection Bureau issued stop-work orders, employees have been trying to ...
11h
What to know about the CFPB amid apparent DOGE efforts to shut it down
Dozens of employees with the Consumer Financial Protection Bureau were reportedly fired on Tuesday night as a part of the ...
3d
on MSN
Consumer watchdog ordered to stop fighting financial abuse and to work from home as HQ temporarily shuts down
Russell Vought, the newly installed acting director of the Consumer Financial Protection Bureau, sent an email Saturday night ...
1d
on MSN
Powell says bank accounts ‘safe’ despite teardown of consumer protection agency
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.
1d
Shutting down CFPB ‘begging for another financial crisis’: Former director
Rohit Chopra, the former director of the Consumer Financial Protection Bureau (CFPB), argued Monday that shutting down the ...
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