Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...
In the waning months of the Biden administration, the CFPB released a flurry of consumer protection rules. Where do they ...
Banks & fintech firms confront regulatory uncertainty after CFPB shutdown, raising oversight questions on US$18tn consumer ...
Tech firms deemed "larger participants" based on their transaction volume could get greater CFPB scrutiny, particularly if the bureau receives a large volume of consumer complaints to its consumer ...
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 CFPB's direction shifted under President Trump, with Jonathan McKernan and Russell Vought appointed to leadership roles, leading to a freeze in its operations. Vought's directives halted rule ...
As the federal Consumer Financial Protection Bureau is being gutted, a state senator is pitching a plan for a local version — ...
On February 7, 2025, President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB). Shortly after, Vought announced that he had notified the Federal ...
In 2008, the US government used $450,000,000,000 (that’s $450 billion — with a b) of taxpayer money to bail out Wall Street banks that were “too big to fail.” American families who had ...