The Consumer Financial Protection Bureau was one of the early targets of the Trump administration's attempts to dramatically reduce government spending. The bureau's work was first suspended in early ...
FILE - A security officer works inside of the Consumer Financial Protection Bureau (CFPB) building headquarters Monday, Feb. 10, 2025, in Washington. (AP Photo/Jacquelyn Martin, File) WASHINGTON (AP) ...
Here’s what the agency has been doing for U.S. consumers since it was created in 2011—and what could change if the current administration continues to scale back its budget, staff, and mission By ...
Rohit Chopra, the former director of the Consumer Financial Protection Bureau, was fired by the Trump administration on Feb. 1. Rocket Homes said Rohit Chopra and the CFPB brought an "empty claim" ...
The Consumer Financial Protection Bureau has been reduced to a skeleton crew. The department, which was created to oversee banks and financial institutions, has cut about 1,500 jobs, leaving about 200 ...
BRIAN. SINCE TAKING OFFICE BACK IN JANUARY, THE TRUMP ADMINISTRATION HAS BEEN TRYING TO ELIMINATE THE CONSUMER FINANCIAL PROTECTION BUREAU, AN AGENCY THAT WAS STARTED ABOUT 15 YEARS AGO AND ITS ...
Russell Vought’s dismantling of the Consumer Financial Protection Bureau is putting the public at risk in areas ranging from auto loans and digital payments to credit cards and credit reports. Two ...
Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...
The Trump administration moved to eliminate nearly 90% of staff at the Consumer Financial Protection Bureau. Legal challenges have prevented the Trump administration from shutting down the agency.