Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Consumer Financial Protection Bureau

Supreme Court rules 6-3 for presidential removal of independent agency commissioner

Highlights from this edition of Checks and Balances include a 6-3 Supreme Court ruling for presidential removal of independent agency commissioners, and a South Carolina law with a REINS-style provision, judicial deference prohibition, and sunset review requirement

Ballotpedia

U.S. Supreme Court rules 6-3 for presidential removal of independent agency commissioner

Welcome to the Thursday, July 2, 2026, Brew.

Ballotpedia

U.S. Supreme Court rules 6-3 for presidential removal of independent agency commissioners

On June 29, the U.S. Supreme Court ruled 6–3 in the case of Trump v. Slaughter that the president may remove a leader of a multi-person independent agency for reasons other than those enumerated in statute. The Court upheld President Donald Trump's (R) 2025 dismissal of Federal Trade Commission (FTC)…

Ballotpedia

From analysis to the latest developments in health,
read the most diverse news in one place.

Government agency skewered by banking group for stern take on credit card rewards programs

The American Bankers Association argues against Consumer Financial Protection Bureau’s claim that credit card issuers may be using bait-and-switch tactics in their rewards programs

The Independent UK

6 Ways Trump’s Closing This Major Consumer Advocacy Agency Could Impact Your Finances

Trump shuttering the Consumer Financial Protection Bureau could have a potentially significant effect on the finances of average Americans.

GOBankingRates

Trump administration moves again to dismantle top US consumer watchdog

Government argues funding mechanism behind Consumer Financial Protection Bureau is unlawful

The Guardian - US

Apple Settlement Ends Early As CFPB Scales Back Oversight

The Consumer Financial Protection Bureau ended settlements with Apple (NASDAQ:AAPL) and U.S. Bank years ahead of schedule, as per September court filings. The move aligns with President Donald Trump’s broader effort to scale back CFPB oversight of consumer finance, including dropping settlements with Toyota Motor (NYSE:TM) and Bank of America…

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Trump Jr-Backed Gun Financing Firm Cleared As Feds End Biden-Era Probe Over Political Bias

The Consumer Financial Protection Bureau has dropped a Joe Biden-era probe into Credova Financial, a gun financing firm tied to Donald Trump Jr., saying the case was improperly motivated by politics.

Benzinga

Court lifts block on Trump’s mass firings at top US consumer watchdog

Judge previously blocked president from laying off 1,500 employees at the Consumer Financial Protection Bureau

The Guardian - US

NY attorney general sues Zelle's parent company after Trump administration drops similar case

New York’s attorney general has sued the parent company of the Zelle payment platform, months after the federal Consumer Financial Protection Bureau abandoned a similar case under the Trump administration

The Independent UK

Could a Bank Freeze Your Account Without Telling You?

Finding your card declined at the checkout feels shocking. A frozen account can stop paychecks and block bills. Why would a bank freeze your account and not warn you? This matters because access to cash is basic for daily life. Read clear steps and rights so you can act fast.

The Free Financial Advisor

Workers at top US consumer watchdog sound warning as Trump bids to gut agency

Staff tell Guardian ripped-off Americans will have ‘nowhere to turn’ if Consumer Financial Protection Bureau is undone

The Guardian - US

With the Destruction of the Consumer Financial Protection Bureau, Fraud Victim ‘Not Hopeful’ He’ll Be Refunded

Agency charged with protecting consumers drops high-profile fraud cases, leaving victims in limbo.

Capital & Main

What the House's Vote to Repeal CFPB Bank Overdraft Fees Cap Means For You

The Senate and House voted to overturn the Consumer Financial Protection Bureau's cap on bank overdraft fees. Here's what you need to know.

Kiplinger

Get all your
news in one place.

100's of premium titles.
One news app.

Salon

Consumer protections are cut. Now what?

Without the Consumer Financial Protection Bureau, new platforms and services may escape a regulatory eye

The Independent UK

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

Top News

Consumer Financial Protection Bureau Director Rohit Chopra Steps Down

Rohit Chopra resigns as CFPB Director, sparking discussions on agency's future direction and next leader. CFPB faces transition period amidst evolving fina...

The Independent UK

Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge

International Business Times

CFPB's Future Uncertain: Bankers Anticipate Changes Under Trump Administration

Although the open banking regulation of the Consumer Financial Protection Bureau (CFPB) is intended to safeguard consumer rights, bankers anticipate changes under the Trump administration, which might curtail the agency's authority.

Reason

Jarkesy Should Not Have Been So Easy For Justice Barrett

There are tensions between Jarkesy, CFPB, and Vidal.

Roll Call

Supreme Court upholds financial agency's 'novel' funding structure - Roll Call

The Supreme Court upheld the funding structure for the Consumer Financial Protection Bureau on Thursday as constitutional.

Barchart

Stocks Push Higher on Strength in Chip Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks this morning are modestly higher, with the Dow...

Ballotpedia

Chevron meets ESG

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

1 2 3

People

Ketanji Brown Jackson

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Trump Administration

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.