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 .
Trump wants to shut the CFPB. So what does this consumer 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.
Here’s What CFPB Hold Means for Consumers
Here’s some background on the scope of the CFPB’s activities and how the agency’s tenuous status might affect consumers: What does the CFPB regulate? The Consumer Financial
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.
Russ Vought Sets Up ‘Tipline’ To Report ‘Weaponization’ of CFPB
After the Trump administration issued a stop-work order, the Consumer Financial Protection Bureau established a tipline for ...
CNET on MSN1d
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 ...
The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’
The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will ...
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 ...
CNET1d
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 ...
‘Utterly outrageous’: CFPB terminates expert witness contracts
The Consumer Financial Protection Bureau has terminated contracts with multiple expert witnesses it had hired in cases ...
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 ...
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 ...
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 ...
American Banker2h
Trump officials fire dozens of Chopra's hires at CFPB
On Wednesday night, the Trump administration fired dozens of employees at the Consumer Financial Protection Bureau, according ...