American Banker4d
Trump former DOJ lawyer Jeffrey Clark joins the CFPB
The Trump administration has installed Jeffrey Clark at the Consumer Financial Protection Bureau. Clark, a former environmental lawyer in the Justice Department in the first Trump administration, was ...
White House says some employees were fired by mistake
In a newly released clip from a sit-down interview with Fox News host Bret Baier, President Donald Trump said Palestinians ...
jacobin5d
Tim Scott Is Fighting for His Donors’ Junk Fees
Joe Biden’s CFPB passed rules limiting overdraft and credit card late fees. As the chair of the Senate committee that ...
No more consumer protection? What the CFPB shutdown means for you.
In the waning months of the Biden administration, the CFPB released a flurry of consumer protection rules. Where do they ...
Consumer Financial Protection Bureau ordered to stop work. What it could mean for you
The fate of the Consumer Financial Protection Bureau, or CFPB, is uncertain as the agency and its workers have faced a ...
NerdWallet on MSN20h
R.I.P. CFPB? What’s At Stake If the Watchdog Agency Goes Dark
Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the ...
Funding Cuts at CFPB Seen Leading to ‘Regulatory Vacuum’ for Big Banks
Turmoil at the agency could harm not only consumers but also small state-chartered banks, as their bigger rivals gain ...
Layoffs halted at CFPB for now as judge considers union’s lawsuit
Although a federal judge issued an order confirming a temporary hold on layoffs at the consumer watchdog agency, its staffers ...
American Banker2d
CFPB downfall has bankers questioning the agency's future
The executive appointments at the Consumer Financial Protection Bureau top the list of noteworthy moves by President Donald ...
Elon Musk Is Trying to Shut the CFPB. What Should Consumers Know?
Republicans have had the US Consumer Financial Protection Bureau in their sights since its 2011 inception. With President ...
'It Has Done Enormous Harm To The Country'—Crypto Leaders Celebrate As CFPB Is Shut Down
The Consumer Financial Protection Bureau, a government agency created to protect people from unfair financial practices, has been largely shut down by acting chief Russell Vought. Many crypto leaders, ...
The Dismantling of a Financial Watchdog Is Already Harming Consumers—and Worse May Be to Come
The Consumer Financial Protection Bureau could drop lawsuits against dozens of companies, putting billions of dollars in ...