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 tumultuous month of February so far, possibly leaving consumers with more questions than answers. Here's the latest and how it could affect consumers.
Democratic lawmakers warn axing Consumer Financial Protection Bureau will leave troops vulnerable
Shuttering the Consumer Financial Protection Bureau will leave service members who rely on the agency’s accountability initiatives less guarded from scams and financial crimes.
Republican congressman calls to defund the Consumer Financial Protection Bureau
Rep. Keith Self (R-TX) wants to see change in Washington, D.C., particularly the kind of change that embraces conservative fiscal policy. In a letter to House Speaker Mike Johnson (R-LA), Self encouraged the inclusion of a bill that would strip the Consumer Financial Protection Bureau of its funding.
AG Neronha joins other states in defending Consumer Financial Protection Bureau
Attorney General Peter Neronha says he is joining a coalition of 23 other AGs to warn against the current administration’s effort to disband the CFPB.
Former senior official weighs in on the Consumer Financial Protection Bureau
The Trump administration appears to be trying to shut down the Consumer Financial Protection Bureau — a consumer watchdog focused on the financial sector. Several people have been let go from the agency already.
Letter to the editor: Consumer Finance Protection Bureau protects us
The Consumer Finance Protection Bureau (CFPB) has helped American consumers to the tune of $21 billion, protecting them from predatory lending, junk fees and the like. In 2023 alone, over 1.3 million Americans filed complaints with the bureau.
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 ...
With Trump targeting CFPB, medical debt consumer protections fall to state, legislators say
The Consumer Financial Protection Bureau announced regulations during Biden. It is uncertain if those regulations will remain ...
Consumers Will Be Safe Without The CFPB
Consumer protection existed long before Congress created the CFPB. It would exist without the CFPB, and the CFPB is one of ...
The Dismantling of the CFPB Is Already Harming Consumers—and Worse May Be to Come
With the CFPB told to stop its work, thousands of consumers’ hopes of restitution may be lostBy Derek KravitzFive years ago, ...
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States warn CFPB shutdown threatens financial consumer safeguards
Nearly two dozen states and the District of Columbia are asking a federal judge to issue an injunction blocking the Trump ...
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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 ...
New CFPB leadership agrees to hold off on mass firings while lawsuit proceeds
Lawyers representing the acting director of the CFPB reached an agreement during a court conference Friday to temporarily ...
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 ...
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DFL lawmakers, students say Minnesotans at risk if Trump shutters CFPB
DFL lawmakers are warning Minnesotans about the potential risks they’d face if the Trump administration folds the Consumer ...
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Judge halts CFPB firings
The bureau also was told not to delete any agency data or transfer its reserve funding to the Fed or anywhere else. The CFPB ...
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2024 Payments Year in Review: CFPB and FTC Regulatory Trends – Part Four — Payments Pros – The Payments Law Podcast
In the final installment of the four-part "Payments Year in Review" series, hosts Keith Barnett and Carlin McCrory discuss significant ...