Trump's 'big beautiful bill' slashes CFPB funding: What it means for you
A tax and spending package Trump signed July 4 nearly halves the watchdog's annual funding. Resources may be stretched to police consumer financial laws.
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CFPB
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4 days ago
31 days ago
Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Key oversight arms of the U.S. government are examining the whirlwind of activity at the CFPB after Trump's acting head Russell Vought took over in February.
33 days ago
Top CFPB enforcement official to resign amid policy shifts under Trump
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a story from Al Jazeera 🚨 › Al Jazeera English
Acting Enforcement Director Cara Petersen has served with the US agency since it was founded.
60 days ago
New York AG sues Capital One after Trump-led CFPB drops similar case
New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit.
65 days ago
Trump taps CFPB director nominee Jonathan McKernan for Treasury post
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McKernan previously served on the FDIC and held senior roles at the Federal Housing Finance Agency, the Senate, and the Treasury Department.
67 days ago
Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year.
68 days ago
Trump's CFPB drops enforcement of buy now, pay later rule in latest rollback of consumer protections
The CFPB said Tuesday it will stop enforcing a Biden-era rule treating buy now, pay later firms like credit card lenders.
76 days ago
Trump administration drops CFPB lawsuit against National Collegiate Student Loan Trusts
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The Trump administration dismissed a CFPB lawsuit against National Collegiate Student Loan Trusts, abandoning a $2.25 million proposed settlement.
86 days ago
Federal judge blocks Musk team’s effort to shutter top consumer agency
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a story from The Guardian ⚠️ › International
Order comes a day after the ‘efficiency’ team sent out orders to lay off 1,500 of the agency’s 1,700 employees
A federal court has blocked the sweeping termination of staff at the top US consumer prot…
3 months ago
Judge orders CFPB to reinstate fired employees, preserve records and get back to work
Judge Amy Berman Jackson sided with the CFPB employee union that sued acting CFPB director Russell Vought last month.