CFPB

Sen. Warren says Trump's CFPB overhaul has cost Americans $26.5 billion

Sen. Elizabeth Warren says the Trump administration's rollback of CFPB rules and enforcement has cost Americans up to $26.5 billion so far.

Trump names ally Brian Johnson to be CFPB's newest permanent director, awaits Senate confirmation

Since leaving the CFPB in 2020, Johnson worked at Patomak Global Partners and was most recently a senior executive at the credit card giant Capital One.

Sen. Warren blasts CFPB director for undermining Trump's credit card affordability push

Sen. Elizabeth Warren seized on contradictions within the Trump administration when it comes to his push to make credit cards more affordable for Americans.

Judge Rules That Trump Administration Must Continue to Fund CFPB

The Trump administration had tried to defund the Consumer Financial Protection Bureau, which acts as a guardrail for the safety of the financial system.

Judge orders Trump administration to continue to seek funding for the CFPB

The order is the latest in a complex legal battle over the fate of the Consumer Financial Protection Bureau, a watchdog agency.

Judge blocks White House from defunding CFPB as its funds were about to run out

A federal judge has ruled that the White House cannot stop funding the Consumer Financial Protection Bureau.

Nearly two dozen states sue the Trump administration over funding for CFPB

The attorney generals say the Trump administration is refusing to accept funding for the Consumer Financial Protection Bureau, which could hurt consumers in th…

The Trump Administration Just Took A Huge Step Toward Reforming The CFPB

The Trump administration notched a victory when a Kentucky federal judge temporarily blocked the Consumer Financial Protection Bureau from implementing a rule…

Top Financial Services Dem says CFPB cuts reflect constitutional crisis

CFPB staff layoffs can proceed, appeals court rules

The Trump administration sent reduction-in-force notices to more than 1,400 staffers at the Consumer Financial Protection Bureau in April.

Federal judge halts CFPB rule to remove medical debt from credit reports

The ruling targets a Consumer Financial Protection Bureau rule that would have removed medical debt from 15 million credit reports.

Trump's 'big beautiful bill' slashes CFPB funding: What it means for you

A tax and spending package Trump signed July 4 nearly halves the watchdog's annual funding. Resources may be stretched to police consumer financial laws.

Fed's inspector general is reviewing Trump administration's moves to dismantle CFPB

Key oversight arms of the U.S. government are examining the whirlwind of activity at the CFPB after Trump's acting head Russell Vought took over in February.

CFPB's top enforcer exits with scathing email on Trump: Report

. Consumer Financial Protection Bureau acting enforcement director Cara Petersen has quit, saying that she has never "seen the ability to perform our core miss…

New York AG sues Capital One after Trump-led CFPB drops similar case

New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit.

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year.

CFPB job cuts blocked by federal judge while union lawsuit proceeds

U.S. District Judge Amy Berman Jackson issued another injunction Friday barring the agency from carrying out plans to lay off most of its workers.

CFPB likely to step back from crypto regulation - Attorney

. . The Consumer Financial Protection Bureau (CFPB) will likely see a reduced role in crypto regulations as other federal agencies like the Securities and Exch…

Federal judge prevents Trump administration from dismantling CFPB

The temporary injunction issued by Judge Berman Jackson seeks to preserve the Consumer Financial Protection Bureau as a lawsuit filed by the agency's union pro…

Judge orders CFPB to reinstate fired employees, preserve records and get back to work

Judge Amy Berman Jackson sided with the CFPB employee union that sued acting CFPB director Russell Vought last month.

CFPB dissolution halted for now by federal judge

In a preliminary injunction, U.S. District Judge Amy Berman Jackson ordered the Consumer Financial Protection Bureau to reinstate dismissed employees.

Federal judge blocks mass firings of CFPB workers

A federal judge has blocked the mass firings of employees at the Consumer Financial Protection Bureau.

New York AG announces bill to protect consumers from scams after Trump hobbles CFPB

With the Consumer Financial Protection Bureau frozen, consumers will have to rely on their state AGs and regulators when they have complaints.

Here's why banks don't want the CFPB to disappear

The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.

CFPB Drops Lawsuit Against Banks Over Zelle Scams

A spokeswoman for the payment app's parent company said the lawsuit against three large banks was "without merit, and legally and factually flawed.”

The CFPB drops its case against payment app Zelle, in another sign of a Trump pivot

It's the latest lawsuit abandoned by the Consumer Financial Protection Bureau since Trump appointees have taken over at the bureau.

CFPB drops lawsuit against JPMorgan, BofA, Wells Fargo alleging fraud on Zelle

The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, including one against Capital One.

CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.

Trump administration, Musk's DOGE plan to fire nearly all CFPB staff and wind down agency, employees say

Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.

With the CFPB on Pause, Here's How to Protect Yourself

Rules on bank and credit card fees, medical debt and payment apps are in limbo. One thing you can do is carefully check your financial statements, one expert s…