Consumer Financial Protection Bureau won't be deleted, Trump administration says
The Consumer Financial Protection Bureau, a longtime target of the Republican Party that has undergone a significant shakeup in recent weeks, will continue operating, the Trump administration says. After Trump replaced its director with Russell Vought — director of the White House budget office and an author of Project 2025 — work at the CFPB was frozen.
BBB: The Consumer Financial Protection Bureau is shut down. What does this mean for consumers?
The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of financial institutions and businesses.
What’s at stake if Consumer Financial Protection Bureau goes dark
Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the midst of a complete overhaul that could cripple its ability to act as the consumer finance watchdog it was designed to be.
Consumer Financial Protection Bureau Could Be Led to Its Demise From the Inside
The Trump administration insists the financial watchdog is safe for now, but as in administrations past, it can be made into whatever officials want it
Consumer Protection Bureau drops lawsuits against financial giants
The CFPB's fate has looked grim since Trump took office last month and Thursday's actions confirmed its disassembly.
Consumer Financial Protection Bureau drops lawsuits against Capital One and Rocket Mortgage affiliate
The Consumer Financial Protection Bureau on Thursday dismissed a trio of enforcement lawsuits undertaken by the previous administration's director. In legal filings, the CFPB issued a notice of voluntary dismissal for cases involving Capital One,
Thousands of consumer complaints unanswered after Trump CFPB purge, Dems say
Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from ...
Chicago employees of kneecapped federal consumer watchdogs beg the public: 'Step in and protect us'
The Consumer Financial Protection Bureau has all but ceased enforcement since the Trump administration ordered employees to ...
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Wells Fargo clears 10th consent order; 4 remain
Wells Fargo has four remaining consent orders: one from the Federal Reserve, one from the Consumer Financial ...
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Wells Fargo's 2018 Compliance Consent Order by OCC Terminated
WFC's 2018 consent order imposed on the bank in April 2018 is terminated. This marks the 10th consent order, which has been ...
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JPMorgan Chase Launching New Zelle Restrictions After Chase, Bank of America and Wells Fargo Customers Lose $456,000,000 To Scams in One Year
JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...
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Baltimore moves closer to creating consumer protection agency
The office would have the power to investigate complaints and issue citations. An accompanying board could suspend a business ...