The CFPB said it cannot legally draw funds from the Federal Reserve and expects to run out of funding by early 2026.
While the Consumer Financial Protection Bureau is in flux as the Trump administration attempts to dismantle the agency, experts say they expect oversight of financial institutions to continue, ...
The top U.S. consumer watchdog said on Monday it was legally prohibited from drawing cash from the Federal Reserve to support ...
A federal appeals court will allow the Trump administration to further shrink the Consumer Financial Protection Bureau but not dismantle it entirely. The Friday evening order from the US DC Circuit ...
Acting CFPB Enforcement Director Cara Petersen told staff she could no longer stay under an administration that “has no intention to enforce the law in any meaningful way.” The Consumer Financial ...
Editor: Well it’s here, Trump and Musk have started to implement Project 2025. One such example is to shut down government agencies like the Consumer Financial Protection Bureau. The CFPB is dedicated ...
Elizabeth Warren, the visionary behind the idea of a consumer financial protection agency, says that it “could make a real contribution, a real difference in the lives of millions of families” by ...
NEW YORK (AP) — To President Donald Trump, it’s a hotbed of “waste, fraud and abuse” whose only purpose is to “destroy people” and whose staff amounts to a “vicious group.” To Jonathon Booth, it’s ...