The fate of the Consumer Financial Protection Bureau, or CFPB, is uncertain as the agency and its workers have faced a ...

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 ...

pointing out in her letter that debanking for reasons including “overdraft fees, religious affiliation or political beliefs” is something that a “strong” CFPB would be able to more ...

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 ...

The Trump administration has yet to decide whether Bessent will handoff oversight of the CFPB to another official in an acting capacity or if he will continue in that role until a permanent head ...

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 ...

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 ...

Your editorial “Why Is Rohit Chopra Still Employed at the CFPB?” (Jan. 24) outlines the litany of reasons the Consumer Financial Protection Bureau director must go. In recent years the bureau ...