U.S. consumers are at greater risk of being exploited by tech giants and financial firms after President Donald Trump fired a team of technologists from the Consumer Financial Protection Bureau ...
The abrupt firing of Rohit Chopra, Consumer Financial Protection Bureau (CFPB) Director on February 1 and the swift appointment of Scott Bessent on February 3 have set in motion the rapid ...
In the waning months of the Biden administration, the Consumer Financial Protection Bureau, or CFPB, released a flurry of new consumer protection rules, targeting everything from bank overdraft ...
But much of the ire is aimed at Russ Vought, the Office of Management and Budget director and the acting CFPB director. Predictably, a federal employees union quickly sued to stop the Trump ...
The Consumer Financial Protection Bureau (CFPB) is allowing some offices to resume their functions, as the Trump administration faces a legal challenge over its stop work order and other efforts ...
Major CFPB cases are in limbo, including lawsuits against Capital One and Walmart. With fewer regulatory constraints, banks and lenders may adjust their fee structures and lending policies ...
Consumers will be better off without the CFPB breathing down the neck of American companies. Since the inauguration of President Trump, the CFPB’s temporary leadership put an immediate halt on ...
From trying to get medical debt off credit reports to going after a student loan servicer, the work of the CFPB has touched many aspects of Americans’ lives. But its critics say the bureau ...
The consumer watchdog agency began layoffs on Thursday. Government lawyers representing the acting director of the Consumer Finance Protection Bureau reached an agreement during a court conference ...
U.S. District Judge Amy Berman Jackson blocked the CFPB from terminating additional employees after the Trump administration this week fired dozens of agency workers, including an entire team of ...
"With the new administration halting work at the CFPB, American citizens are at greater risk of financial fraud and discrimination," said Leslie H. Tayne, Esq., Finance and Debt Expert and ...
From credit cards to medical debt: What may happen to some key consumer protection rules under Trump
“Please do not perform any work tasks,” Russell Vought, the acting director, wrote on Monday to CFPB staff in an email obtained by CNN that announced the headquarters would be closed this wee ...
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