Twenty-three attorneys general from across the country are warning that President Donald Trump's efforts to defund and disband the Consumer Financial Protection Bureau would "significantly harm consumers" and "reduce oversight of big banks.
President Donald Trump has said it more than once—the Consumer Financial Protection Bureau is no more. Calling it “the ultra-left CFPB,” Trump said he moved to shut down the agency after receiving calls from bankers and loan officers who were “almost crying” over its regulations.
Republicans have had the US Consumer Financial Protection Bureau in their sights since its 2011 inception. With President Donald Trump back in the White House, they appear to be moving toward their goal of dismantling the federal watchdog,
Elon Musk’s campaign to shutter the Consumer Financial Protection Bureau will end up hurting the very people Donald Trump promised to safeguard.
President Donald Trump’s Consumer Financial Protection Bureau dismissed a case against a community-focused financial lending company on Friday. SoLo Funds is a peer-to-peer financial lending platform,
Twenty-three attorneys general from across the country are warning that President Donald Trump's efforts to defund and disband the Consumer Financial Protection Bureau would "significantly harm consumers" and "reduce oversight of big banks.
President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB). Shortly after, Vought announced that he had notified the Federal Reserve that the CFPB would not take its next draw of unappropriated funding.
The executive appointments at the Consumer Financial Protection Bureau top the list of noteworthy moves by President Donald Trump to hit banks in recent days.
US federal judge issued an order on Friday to halt the Consumer Financial Protection Bureau's (CFPB) sweeping employee firings, delivering an early blow to President Donald Trump's rapid push to
Key Takeaways Jonathan McKernan, President Donald Trump's nominee to lead the Consumer Financial Protection Bureau, said the agency would continue to perform its legally mandated duties.The Trump administration has all but shut down the CFPB in recent days,