Should You Be Worried About the CFPB Halt?
Major CFPB cases are in limbo, including lawsuits against Capital One and Walmart. With fewer regulatory constraints, banks ...
What does having the Consumer Financial Protection Bureau on hold mean for consumers?
The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump ...
KPBS22h
Two top CFPB officials resign after being ordered to stop all work
The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work ...
JD Supra29m
CFPB ordered to pause work and congressional Democrats react
On January 31, the CFPB announced Treasury Secretary Scott Bessent as the Acting Director. As previously covered by InfoBytes, Bessent sent an ...
With Attack on Consumer Bureau, Musk Removes Obstacle to His ‘X Money’ Vision
Former officials at the Consumer Financial Protection Bureau said Elon Musk’s payment-business aspirations were driving his ...
US consumer watchdog fires some probationary staff, sources say
The U.S. Consumer Financial Protection Bureau fired some probationary staff on Tuesday, according to a recipient of a ...
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Senator Elizabeth Warren says Elon Musk’s D.O.G.E is harmful to US consumers
Senator Elizabeth Warren accused Elon Musk and Donald Trump of leaving American consumers completely exposed to financial exploitation after ...
What CFPB Shutdown Means for Junk Fees
The halt of the Consumer Financial Protection Bureau's activities leaves CFPB rules targeting junk fees in a state of ...
CFPB Fires 70 Enforcement Lawyers, Other Probationary Employees
The Consumer Financial Protection Bureau terminated around 70 probationary employees, including several enforcement division ...
US CFPB likely terminates some probationary staff due to inefficiency
The removal is a possibility as White House asked agencies for lists of probationary employees and recommendations on whether they should stay- a move by administration to neutralize CFPB ...
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Musk will personally profit from dismantling consumer protection agency: Ex-CFPB Official
President Trump has given yet more power to Elon Musk, who is now leading the effort to dismantle the Consumer Financial ...
JD Supra22h
New Consumer Financial Protection Bureau Acting Director Expands Freeze to All CFPB Activities; CFPB Office Closes
We previously reported that Treasury Secretary Bessent was named as the acting director of the Consumer Financial Protection Bureau (CFPB), and ...