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 ...

Claire Dickey is a Newsweek senior editor based in Florida. Her focus is reporting on personal finance news, with extensive coverage related to credit cards and banking. Claire joined Newsweek in ...

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 ...

Within 24 hours of being put at the helm of the bureau, Acting Director Russell Vought instructed all CFPB employees to stop all work and requested that its funding for the year ahead be slashed to ...

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 ...

The Consumer Financial Protection Bureau (CFPB) has been a focal point for both regulatory oversight and political debate arguably since its inception. Created in 2010 as a response to the ...

Trump fired the CFPB’s Biden-era leader earlier this week, putting in place Treasury Secretary Scott Bessent, who froze the ...

“If there’s no point person, the rules are frozen in time, it’s not good for anyone,” one anonymous former Consumer Financial Protection Bureau (CFPB) official who works with companies in ...

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 ...