The National Law Review12h
Trump Nominates McKernan to Be CFPB Director
President Trump nominated Jonathan McKernan to be the next director of the Consumer Financial Protection Bureau (CFPB). If ...
What Cuts to the CFPB Could Mean For Consumers
The CFP also prosecutes companies that it says fail to protect consumers. In December, it filed a lawsuit against the ...
Inc2d
Here’s What CFPB Hold Means for Consumers
said her organization anticipates and hopes several CFPB rules, including those governing “buy now, pay later” plans and other fintech products, will be reversed “with the stroke of a pen.” ...
New York Post4d
CFPB’s 1,700 employees told to ‘not perform any work’ as Obama-era agency becomes latest Trump target
WASHINGTON — The nearly 1,700 employees of the Consumer Financial Protection Bureau (CFPB) were told Monday not to come to the office or do any work — as the agency became the latest target of ...
Politico5d
Vought cuts off CFPB funding, saying it’s not necessary to run the agency
Russell Vought, the acting head of the Consumer Financial Protection Bureau, is halting the flow of new funding to the agency and shutting down its headquarters, the latest threat to the CFPB’s ...
CFPB's new leadership begins staff purge with dozens of employees terminated
The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal ...
Wired3d
The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’
He also forbade CFPB workers from making court appearances other than to pause or postpone proceedings. The move put an abrupt halt to several active lawsuits and investigations against companies ...
Business Insider4d
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
We will withdraw the police. We will not have any kind of enforcement of the law.'" On Sunday, the CFPB told its staff that its DC headquarters would be closed this week and that they should work ...
ABC News4d
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The agency is at a virtual standstill after Musk's Department of Government Efficiency and Russell Vought, the leader of the White House budget office and now acting director of the CFPB ...
New York Post3d
Top CFPB leaders dismissed as Trump team begins to dismantle agency
Enforcement director Eric Halperin and supervision director Lorelei Salas were placed on administrative leave by Mark Paoletta, the top lawyer at both the CFPB and the White House Office of ...
Business Insider4d
The CFPB tells its workers to 'not perform any work tasks' this week while it shuts down its DC headquarters
On Sunday, employees at the CFPB received a two-sentence email from Adam Martinez, the agency's chief operating officer, telling DC employees to work remotely. "The DC Headquarters Building will ...
The Washington Post4d
The CFPB took aim at Big Tech. Then Elon Musk moved to dismantle it.
Formed in the wake of the 2008 financial collapse, the CFPB has policed traditional banks and lenders as well as Apple, Google and other tech giants that seek to offer digital versions of those ...