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The Consumer Financial Protection Bureau (CFPB) on Thursday moved forward with sweeping layoffs at the agency as the Trump administration looks to remake the consumer enforcement agency.
More than 1,400 Consumer Financial Protection Bureau (CFPB) workers were terminated from their positions on Thursday amid a broader Trump administration shakeup at the independent government ...
More than 1,500 staffers at the CFPB are expected to be hit by the reduction-in-force effort, which kicked off Thursday, said the person, who was granted anonymity to speak freely about a ...
A CFPB union sign in the window of an apartment in Washington. A federal judge will hold a hearing Friday to determine if the leadership of the Consumer Financial Protection Bureau should be held in ...
Mortgage lenders shouldn’t interpret the downsizing of the Consumer Financial Protection Bureau (CFPB) as a green light to ease compliance, despite potential mass layoffs and a shift in ...
"Anybody should expect a letter at any time for the rest of this administration," one CFPB staffer said Thursday. "It's the sword of Damocles." The layoffs come just days after a three-judge panel of ...
A new internal memo from the CFPB told employees to "deprioritize" student loans and medical debt. It said that the focus of the CFPB will shift from supervision of companies to giving money back ...
A federal judge temporarily barred the Trump administration from laying off roughly 90 percent of the Consumer Financial Protection Bureau (CFPB) as she mulls whether it violates her previous order.
In March, the bureau had requested a 90-day stay in its lawsuit against Comerica, which was filed in U.S. District Court for the Northern District of Texas by the Biden-era CFPB. The bank ...
The FTA has also alleged that the new rule exceeds the CFPB’s statutory authority by imposing obligations beyond those permitted by TILA and by contravening TILA’s effective-date requirement ...
In an extraordinary move stemming from a 2020 redlining lawsuit, an official working with the Consumer Financial Protection Bureau (CFPB) at the behest of the White House Office of Management and ...