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CFPB, Trump
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard Americans against unfair business practices, is the newest target of Elon Musk and the Trump administration.
What's at stake for consumers as Trump officials target the CFPB
The Consumer Financial Protection Bureau’s recent rules on overdraft and credit card late fees are in jeopardy, while others face an uncertain future.
Trump's White House Is Disabling the CFPB. What to Know—and What's Next
Key Takeaways The acting director of the Consumer Financial Protection Bureau asked employees to stop much of their work, closed the headquarters, and said he would refuse the agency's funding.Analysts said that the White House cannot close the agency without Congress' consent but could hold the CFPB back from doing much of its work.
CFPB, russell vought and national treasury employees union
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.
Union sues Russell Vought over DOGE access to CFPB, attempts to shutter bureau
A union filed two lawsuits against the Consumer Financial Protection Bureau's Acting Director Russell Vought on Sunday after Vought issued a series of directives halting much of the bureau's activity.
Federal employee union sues Vought over CFPB order to stop working
The National Treasury Employees Union filed two lawsuits against OMB Director Russell Vought for his shuttering of the CFPB.
CFPB to Close Office
New CFPB chief closes headquarters, tells all staff they must not do 'any work tasks'
The edict comes as Russell Vought takes over at the Consumer Financial Protection Bureau. Vought has ordered work to halt at the consumer finance watchdog and is cutting off new funding.
CFPB to Close Office After Vought Tells Staff to Halt All Supervision
The acting director is closing the financial regulator’s headquarters and has ordered staff to halt all supervisory efforts.
Trump's acting CFPB chief shutters headquarters, halts supervision
The U.S. Consumer Financial Protection Bureau's Washington headquarters will be closed for the coming week, according to a Sunday internal email seen by Reuters, the latest escalation in the Trump administration's efforts to neutralize the government watchdog created after the 2008 financial crash.
10h
on MSN
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...
8h
The CFPB is Elizabeth Warren’s creation. Now she’s trying to fight off its biggest threat yet.
Are you ready to fight for the little agency that fights for us?” the Massachusetts Democrat told a crowd of about 300 CFPB ...
9h
on MSN
White House targets CFPB as union sues over work stoppage
The financial watchdog agency was formed after the 2008 crisis. The Trump administration has told staffers not to take any ...
18h
The CFPB tells its workers to 'not perform any work tasks' this week while it shuts down its DC headquarters
CFPB employees must "get approval in writing" to do any work this week, acting director Russell Vought wrote in an email.
7h
on MSN
Federal employees union files lawsuits over CFPB shutdown and DOGE access
A union representing employees across dozens of federal agencies filed two lawsuits on Sunday against the acting director of ...
18h
on MSN
What is the Consumer Financial Protection Bureau, and why is it a Trump target?
The Consumer Financial Protection Bureau was established to root out corporate wrongdoing after the 2008 crash. The Trump ...
9h
on MSN
‘This is code red,’ Warren says of Musk targeting CFPB
The Consumer Financial Protection Bureau says it's returned more than $20 billion to consumers. The world's richest man has ...
18h
on MSN
Trump administration orders 1,700 CFPB workers to stay home
Workers at the federal government's consumer finance watchdog in Washington were told to stay home Monday after the acting ...
9h
CFPB, saving Illinois consumers from corporate wrongdoing, goes dark in Trump attack on federal agencies
The Consumer Financial Protection Bureau has been kneecapped in the latest attack on a government institution by the Trump ...
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