What Cuts to the CFPB Could Mean For Consumers
The CFP also prosecutes companies that it says fail to protect consumers. In December, it filed a lawsuit against the operator of Zelle and three of the nation’s largest banks for allegedly failing to safeguard consumers from fraud. In January, it sued the credit reporting agency Experian for allegedly failing to investigate consumer disputes .
Here’s What CFPB Hold Means for Consumers
Russell Vought, new OMB director, told the CFPB to stop its investigations. The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry,
What Does Having the Consumer Financial Protection Bureau on Hold Mean for Consumers?
The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump administration
Protect consumers by preserving the CFPB
The Consumer Financial Protection Bureau, created after the Great Recession, shouldn’t be dismantled.
MIT economist explains the role of the Consumer Financial Protection Bureau
What is the CFPB? And what would potentially eliminating it mean for American consumers? MIT's Jon Gruber weighs in.
'It’s a mistake': Backlash against Trump plan to end Consumer Financial Protection Bureau
A former Vice President at Morgan Stanley and Merrill Lynch is warning against a Trump plan to potentially eliminate the Consumer Financial Protection Bureau. Steven Conners now runs a Scottsdale wealth management firm and routinely speaks to national news outlets about financial matters.
Russ Vought Sets Up ‘Tipline’ To Report ‘Weaponization’ of CFPB
The Consumer Financial Protection Bureau has established a tipline for the public to report, not on corporate malfeasance, ...
Elizabeth Warren's Hubris Allowed Trump To Defund the CFPB
Since at least the days of the ancient Greeks, humans have known that one way to write a compelling story is by including a ...
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Is the CFPB Being Eliminated? What Could That Mean for You?
It looks like a government watchdog may have been put on a chain, and some experts are worried what this could mean for ...
CFPB Shutdown Leaves Consumers Vulnerable - Legal Action is Now the Best Defense
With the CFPB shut down, banks and lenders now face no federal oversight, putting homeowners and consumers at risk of foreclosure, fraud, and ...
Could Shutting Down the CFPB Severely Dent Small Businesses’ Access to Capital?
Shuttering the agency would be a death knell to the CFPB’s small-business data collection rule, which is meant to enforce ...
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Gutting the CFPB Could Leave You More Vulnerable to Financial Fraud. Here's Why
The CFPB emerged in the wake of the 2008 financial crisis with the mission of "enforcing federal consumer financial laws and ...
You can still report badly behaving banks to the CFPB
Trump officials halted work at the Consumer Financial Protection Bureau, but the agency's public portal for reporting ...
CFPB Nixes All Expert Witness Contracts in Enforcement Shutdown
The Consumer Financial Protection Bureau canceled contracts with all expert witnesses in existing enforcement litigation as ...
The CFPB took aim at Big Tech. Then Elon Musk moved to dismantle it.
In the days before Musk’s DOGE set its sights on the Consumer Financial Protection Bureau, X revealed plans for a payments ...
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Democracy Forward sues Trump administration to keep CFPB operating
Democracy Forward filed suit in U.S. District Court for an injunction against Russell Vought’s plan to starve and shutter the ...
Trump’s choice to lead CFPB, McKernan, left FDIC Monday
President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...