With the CFPB weakened, could risky lending make a comeback?
The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump administration ...
It's 'shoot first and ask questions later' as DOGE tries to dismantle CFPB: Official
At a court hearing Monday, CFPB’s COO Adam Martinez gave a sworn account of the chaos that has consumed the federal agency ...
American Banker1dOpinion
The new administration should reset federal consumer protection rules
The first task for a new director of the Consumer Financial Protection Bureau should be sweeping away the clutter of ...
American Banker3d
CFPB's Vought ends agency DEI policies and activities
Acting Consumer Financial Protection Bureau Director Russell Vought said all diversity, equity, inclusion and accessibility ...
Baltimore bid to halt US CFPB defunding rejected by judge
A federal judge in Baltimore on Friday rejected the city's effort to temporarily block the Consumer Financial Protection ...
Homebuyers Could Be Left 'Vulnerable' If the Consumer Financial Protection Bureau Disappears
Homebuyers have been protected from predatory lenders, hidden fees, and deceptive loan practices by the Consumer Financial ...
Banking Dive2d
CFPB strikes down DEI efforts
The bureau’s acting director halted “race-based” activities, forbade pronouns in email signatures and equated noncompliance ...
CFPB official tells judge he’s still not sure if agency will shut down
“Big time” confusion has wracked the Consumer Financial Protection Bureau (CFPB) staff since last month, the agency’s chief ...
What Credit Card Protections Could We Lose if the CFPB Closes?
Remember when the CFPB announced last year it would cap credit card late fees at $8? A typical late fee hovers around $32, so ...
Federal official recounts chaos inside consumer agency after Trump fired its director
A federal judge overseeing a lawsuit aimed at stopping the Trump administration from dismantling the Consumer Financial ...
CFPB official details DOGE ‘chaos’ in overtaking agency
A top official at the Consumer Financial Protection Bureau (CFPB) gave an inside account of the “chaos” and “confusion” that overtook the agency when the Department of Government Efficiency (DOGE) ...
CFPB employees say mass firing plans remain in place
Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plans to fire hundreds of workers remain intact, as a federal judge weighs whether to ...