A White House order peeling back agency independence would curtail bank regulation in the near term, but could set the stage ...

Former officials at the Consumer Financial Protection Bureau said Elon Musk’s payment-business aspirations were driving his ...

Congress established the CFPB to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry.

Bessent, a wealthy hedge fund manager, was already expected to be a business-friendly choice to lead the Treasury. Now he will lead the CFPB, the federal consumer watchdog, at least for a time. "I ...

Now occupying both Treasury and CFPB leadership roles, Bessent replaces former CFPB Director Rohit Chopra, who revealed on Saturday that he had been fired and who had pursued aggressive ...

The missive appeared to herald a stark shift to come at the CFPB, which Congress formed in the wake of the 2008 banking crisis to protect consumers from unfair, deceptive or predatory financial ...

In an email, Bessent instructed the CFPB staff to stop working on enforcement actions and to suspend the effective dates for rules not yet in effect. That follows the ouster of Biden appointee ...

Treasury Secretary Scott Bessent is now the acting head of the U.S. Consumer Financial Protection Bureau, according to a person familiar with the matter, signaling a potential shift away from the ...

In a resignation letter posted on X, Chopra said watchdog agencies such as the CFPB work to enforce laws to "check the enormous influence that powerful firms have over our daily lives." During his ...

The Consumer Financial Protection Bureau (CFPB) has hit U.K.-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions ...