Former CFPB Official Warns Of Imminent Data Destruction Risk Former CFPB official raises concerns over potential destruction of critical records, impacting consumer protection and financial stability. Top News · Feb 14, 2025
Dozens Of CFPB Employees Terminated In Federal Workforce Reduction Recent terminations at CFPB part of Trump administration's federal workforce reduction efforts, sparking debates and concerns. Top News · Feb 14, 2025
Elizabeth Warren's Hubris Allowed Trump To Defund the CFPB Instead of isolating the CFPB from Congress' budget-making authority, Warren and former President Barack Obama made it easier for a president to effectively shut it down. Reason · Feb 13, 2025
DOGE is shuttering a consumer watchdog, which may clear the way for Musk's X payments platform plans, think-tank boss says Elon Musk's DOGE wants to "delete" an agency that could have directly regulated one of his businesses. Fortune · Feb 13, 2025
Trump's Halt On CFPB Raises Big Concerns: Will Key Consumer Protections Survive? Founded in 2011 after the 2008 financial crisis, the CFPB is tasked with regulating consumer finance, including overseeing credit card companies, mortgage lenders, and debt collectors. International Business Times · Feb 13, 2025
If your bank rips you off, the Consumer Financial Protection Bureau gets your money back. Elon Musk is killing it The CFPB has returned more than $17 billion to Americans — and dozens of its workers were laid off on Tuesday night The Independent UK · Feb 12, 2025
How Elon Musk could benefit from destroying the Consumer Financial Protection Bureau ‘This is like a bank robber trying to fire the cops and turn off the alarms before he strolls in the lobby,’ Elizabeth Warren says The Independent UK · Feb 12, 2025
Trump Wants to Shut Down the CFPB: Why Retirees Should Care The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly fourteen years ago. Kiplinger · Feb 12, 2025
Trump's choice to lead CFPB, McKernan, left FDIC Monday - Roll Call President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the agency. Roll Call · Feb 12, 2025
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 administration The Independent UK · Feb 12, 2025
Dozens Of CFPB Probationary Employees Terminated Amid Agency Paralysis CFPB faces turmoil as probationary employees terminated, operations halted, and resignations occur. Top News · Feb 12, 2025
How Musk uses sexism to scam MAGA men How to sell MAGA men a pro-scam agenda? Tell them a woman founded the Consumer Financial Protection Bureau Salon · Feb 12, 2025
US Fed Chair Says In No Rush To Tweak Interest Rate Policy Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut policy, as the country's economy maintains resilient growth and a relatively strong labor market. International Business Times · Feb 11, 2025
Sen. Elizabeth Warren Warns On Consumer Financial Protection Bureau Cuts: 'Let The Scams Begin' Sen. Elizabeth Warren says there are "zero cops" overseeing the consumer lending market after the CFPB headquarters were shuttered and workers told to stay home. International Business Times · Feb 11, 2025
Top News · Feb 11, 2025 CFPB Officials Resign Amid Orders To Stand Down Resignations of high-ranking officials at CFPB raise concerns about consumer protection efforts and future operations at the bureau.
International Business Times · Feb 11, 2025 Elon Musk, Crypto Leaders Laud 'Unplugging' Of CFPB, Critics Push Back Elon Musk and some crypto executives celebrated the Trump government's work on shutting down the CFPB, raising questions among other crypto users and X commenters about whether they actually cared about the financial welfare of Americans.
International Business Times · Feb 11, 2025 Trump Blasts 'Pocahontas' Sen. Warren, Says Reporter Has 'More Indian Blood Than She Has' Donald Trump on Monday revived talks around Sen. Elizabeth Warren's Native American ancestry, calling the Democratic lawmaker a "fake," and accusing her of using the CFPB to "go around and destroy people."
Reason · Feb 11, 2025 President Trump's Removal Letter of NLRB Member Gwynne Wilcox The President did offer some potential causes for removal.
Top News · Feb 11, 2025 President Trump Aims To Eliminate Consumer Financial Protection Bureau President Trump reiterates his goal to eliminate the CFPB, raising questions about its future and operational status.
International Business Times · Feb 11, 2025 Union Sues Over US Consumer Protection Agency Work Pause The National Treasury Employees Union brought two court cases against acting CFPB director Russell Vought, accusing him of trying to shut down the agency -- which was created by Congress -- and of giving the Elon Musk-led Department of Government Efficiency (DOGE) access to employees' personal information.
The Independent UK · Feb 10, 2025 These federal workers fear ‘blackmail’ in wake of DOGE access to their personal info There are “no known security constraints and zero oversight” preventing Elon Musk’s callow crew from obtaining and disseminating highly sensitive personnel data, according to a lawsuit the employees’ union filed Sunday
International Business Times · Feb 10, 2025 Trump Team Orders Work Pause At US Consumer Protection Agency US President Donald Trump's administration has informed staff at the country's consumer protection agency that it is temporarily shuttering its headquarters and pausing all work, according to an email shared Monday with AFP. The Consumer Financial Protection Bureau (CFPB) was set up in the wake of the 2008 global financial…
Salon · Feb 10, 2025 Vought moves to kill CFPB In an email sent Monday, OMB Director Russ Vought told CFBP staff to stay home and stop working
International Business Times · Feb 10, 2025 Consumer Financial Protection Bureau Headquarters Shut Down: 'Employees Should Not Come Into The Office' The Consumer Financial Protection Bureau (CFPB) has abruptly closed its Washington headquarters, ordering staff to work remotely without explanation.
Top News · Feb 10, 2025 CFPB Director Orders Staff To Stop Working Completely Acting CFPB director's directive to halt work activities raises concerns about consumer protection and financial oversight.