The Consumer Financial Protection Bureau Is Being Told to Stop Its Work. 5 Ways That Could Impact Consumers Like You.
In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from unfair lending practices, and much more. Here’s what might happen
DOGE targets Consumer Financial Protection Bureau as Musk tweets ‘RIP’
Officials from the U.S. DOGE Service worked on site at the CFPB on Friday, raising concerns about the future of the watchdog agency.
Consumer Financial Protection Bureau shake-up leaves medical debt reform in limbo
The fate of a Biden-era rule that would keep medical debt from consumers’ credit reports is up in the air amid reported stoppages within the Consumer Financial Protection Bureau (CFPB) and the new | A rule barring medical debt from credit reports was set to go into effect in March,
DOGE Is Now Inside the Consumer Financial Protection Bureau
DOGE staffers will get read-only access to CFPB data, systems, and equipment, according to an internal email reviewed by WIRED.
The Consumer Financial Protection Bureau Harms Those Whom It Claims to Protect
If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer Financial Protection Bureau.
Musk's team takes control of key systems at Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is the latest target of Elon Musk's Department of Government Efficiency.
Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
Treasury Secretary Scott Bessent to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the Consumer Financial Protection Bureau after firing Rohit Chopa on Saturday.
Trump appoints the Treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau.
Trump’s Billionaire Buddy Halts Work at Federal Consumer Protection Agency
President Donald Trump’s Treasury Secretary Scott Bessent has been tapped to direct the Consumer Financial Protection Bureau on an acting basis. In a staff email obtained by The Washington Post, Bessent and his aides reportedly instructed employees to immediately stop the bureau’s current work including drafting regulations,
Democrats call stop work order at CFPB ‘illegal’
Democrats are calling on Treasury Secretary Scott Bessent to cancel his stop work order for the Consumer Financial Protection Bureau (CFPB) after employees with Elon Musk’s Department of ...
'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, medical bills, and more.
BizPac Review1h
‘CFPB RIP’ – Musk takes aim at Pocahontas’ papoose
DOGE chief Elon Musk has put the Consumer Financial Protection Bureau (CFPB) on notice that it could soon be eliminated.
Cryptopolitan on MSN1h
Elon Musk’s DOGE to shut down CFPB after success with USAID termination
Elon Musk’s Department of Government Efficiency, known as DOGE, has made the move on its next target: the Consumer Financial Protection Bureau (CFPB). On ...
ConsumerAffairs14h
Musk aides move into CFPB consumer watchdog offices in DC
Is the Consumer Financial Protection Bureau in its last days? Its director, Rohit Chopra, was dismissed earlier this week and ...
Trump's consumer watchdog freezes CFPB activity on first day of job
U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance ...
JD Supra23h
New Administration Outlook: What Does the CFPB "Freeze" Mean for Regulations and Pending Litigation?
Treasury Secretary Scott Bessent, who is currently serving as the acting director of the Consumer Financial Protection Bureau (CFPB), emailed staff ...
HousingWire1d
Elizabeth Warren urges White House to ‘unfreeze’ CFPB
Sen. Warren is urging the acting CFPB director to "unfreeze" the agency, appealing to potentially common ground with ...