Major CFPB cases are in limbo, including lawsuits against Capital One and Walmart. With fewer regulatory constraints, banks and lenders may adjust their fee structures and lending policies ...
U.S. District Judge Amy Berman Jackson on Friday issued an order reflecting the agreement to not terminate the agency’s employees, delete CFPB data or transfer money out of its reserves for now.
The Trump administration has agreed to pause layoffs and funding cuts at the Consumer Financial Protection Bureau, or CFPB, the federal agency responsible for cracking down on “junk” fees and ...
U.S. District Judge Amy Berman Jackson blocked the CFPB from terminating additional employees after the Trump administration this week fired dozens of agency workers, including an entire team of ...
He and I conducted via email the interview below about the ongoing shutdown of the Consumer Financial Protection Bureau (CFPB), and what it means for both the financial sector and consumers.
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 ...
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 ...
"It is Congress that created the Consumer Financial Protection Bureau, and it is only Congress, not Donald Trump, not Elon Musk … who can actually get rid of the CFPB," Warren (D-Mass.) ...
The consumer watchdog agency began layoffs on Thursday. Government lawyers representing the acting director of the Consumer Finance Protection Bureau reached an agreement during a court conference ...
The trade group sent a letter to CFPB acting director Russell Vought with four recommendations to streamline oversight of IMBs If there are winds of change at the Consumer Financial Protection ...