The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial marketplace.
White House Press Secretary Karoline Leavitt on Tuesday defended President Trump's firings of at least a dozen agency inspectors general, saying Supreme Court precedent allows him the broad power to fire federal employees.
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he’s getting fired.
Senate Republicans backed a Wednesday effort from Texas GOP Sen. Ted Cruz to defund the Consumer Financial Protection Bureau (CFPB). Cruz has unsuccessfully tried to disassemble the agency in the past and is now working to reduce the amount of funding it receives from the Federal Reserve to zero.
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t going to be quick, analysts say.
Consumer Financial Protection Bureau. "You Can Submit a Payday Loan Complaint." The White House. “FACT SHEET: Biden-Harris Administration Advances Equity and Opportunity for Asian American ...
Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.
That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided in both mission and execution that it does not deserve mere reform—it should be abolished outright.
President Trump’s executive actions, including a freeze on federal grants and a buyout offer to federal employees, have drawn criticism from Democrats and some Republicans, while his pick
On January 10, 2025, the Consumer Financial Protection Bureau (CFPB) revived its policy statements on No-Action Letters (NALs) and
President Donald Trump’s dramatic pause of federal grants and loans is queuing up a Supreme Court showdown over the Constitution that will test the court’s recently muscular commitment to curb executive power.