The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump administration

The Consumer Financial Protection Bureau hurts consumers by overregulating lenders. The Trump administration should shut it down.

The agency—an unelected regulator with a blank check—has spent much of its short life making things harder for the consumers it set out to protect.

A judge said in a ruling Friday that the Consumer Financial Protection Bureau could not terminate employees without cause, dealing a blow to President Donald Trump’s efforts to dismantle the agency.

NAACP files lawsuit against Trump administration's dismantling of Consumer Financial Protection Bureau, citing harm to vulnerable consumers.

The new boss at the Consumer Financial Protection Bureau had a jarring message for staffers Monday morning, in an internal memo leaked to Rolling Stone: “Stand down from performing any work task.” The message came from Russell Vought — a Project 2025 architect who was confirmed by the Senate last week to lead the Office of Management and Budget in the Trump White House.

The closure of the CFPB, established after the 2008 financial crisis, follows a visit Friday by members of Elon Musk’s U.S. DOGE Service team.

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.

WASHINGTON — The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.

The agency was created to ensure fair and transparent financial services and products. Trump wants the Department of Education to be closed 'immediately.' Here's what shutting it down would mean.