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The Consumer Financial Protection Bureau and banks seeking to overturn a Biden-era open banking rule are misreading a law ...
NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, ...
The U.S. Senate's nonpartisan referee has allowed Republicans to proceed with a measure to slash funding for the government's ...
The CFPB's union claims that the proposed reduction in force would significantly harm the CFPB's ability to function and protect consumers. The bureau's actions, the union claims, violate the ...
The former headquarters of the Consumer Financial Protection Bureau with signage removed. The Consumer Financial Protection Bureau has dismissed or withdrawn more than half of its pending enforcement ...
The CFPB typically asks for less money than the cap would allow. Still, the new formula would amount to a massive budget reduction. Last year, for instance, the agency requested $729 million from ...
The Consumer Financial Protection Bureau terminated 90% of its staff. A termination notice seen by BI said employees would lose access to work systems on Friday night. It's Trump's latest move to ...
The Consumer Financial Protection Bureau (CFPB) made sweeping job cuts. The layoffs come as the Trump administration looks to refocus the agency's regulatory objectives with fewer employees.
The CFPB was established by the 2010 Dodd-Frank Act, an expansive piece of legislation that imposed consequential regulatory reform in the wake of the 2008 financial crisis.
The CFPB’s work was first slashed in February, when Office of Management and Budget (OMB) head Russell Vought fired some of its 1,700 staffers, told those remaining to stop working and later put ...
In an extraordinary move stemming from a 2020 redlining lawsuit, an official working with the Consumer Financial Protection Bureau (CFPB) at the behest of the White House Office of Management and ...
The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump ...
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