I advocated for its creation, and I’m defending it now as the Trump administration has brought its operations to a halt.

The Trump administration insists the financial watchdog is safe for now, but as in administrations past, it can be made into whatever officials want it

The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this month

The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of financial institutions and businesses.

Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the midst of a complete overhaul that could cripple its ability to act as the consumer finance watchdog it was designed to be.

The lawsuit had accused the company of providing kickbacks to real estate brokers and agents who directed homebuyers to Rocket Mortgage for loans

President Trump’s nominee to lead the Consumer Financial Protection Bureau said he still planned to fulfill the agency’s mandate.

The U.S. Consumer Financial Protection Bureau on Thursday dropped five enforcement actions against financial services companies accused of wrongdoing under the prior administration, including a major case against Capital One.

The Consumer Finance Protection Bureau has dropped several enforcement actions against companies like Capital One and Rocket Homes, just weeks under new leadership and turmoil at the agency caused by orders from Trump administration.

The Consumer Financial Protection Bureau on Thursday dropped five major legal cases it had underway — including a big lawsuit against Capital One — marking a major reversal for an agency that had pursued aggressive action against financial institutions accused of wrongdoing during the Biden administration.