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

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…

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.

International Business Times · Feb 10, 2025

Trump Administration Orders Shutdown Of Consumer Financial Protection Bureau

Trump administration directs CFPB to halt operations, raising concerns about consumer protection efforts.

'CFPB RIP!' Russell Vought Halts Key Bureau Activities

The agency's website displays an error message, and its X account has also been removed.

International Business Times · Feb 9, 2025

Russell Vought Appointed Acting Director Of Consumer Financial Protection Bureau

Elon Musk's team reportedly gained access to and deleted CFPB's X account, causing dismay and anger.

Trump Fires Director of Consumer Financial Protection Bureau Who Sued Nation's Biggest Banks

Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB), was abruptly fired by President Donald Trump Saturday morning.

International Business Times · Feb 1, 2025

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...

Will Trump kill the CFPB? What you need to know

The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.

Fortune · Jan 21, 2025

Cash advance apps: The new loan sharks?

The Federal Trade Commission has cracked down on the apps, saying they mislead consumers

Salon · Jan 17, 2025

Block agrees to pay $120 million in refunds to resolve Cash App fraud

The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.

Fortune · Jan 16, 2025

Capital One Accused Of Cheating Consumers Out Of $2 Billion In Interest Earnings

The Consumer Financial Protection Bureau announced Tuesday that it has filed a lawsuit against Capital One Bank for misleading customers about their savings account interest rates.

International Business Times · Jan 14, 2025

US bans medical debt from credit reports as Biden nears exit

Consumer Financial Protection Bureau says change will strike $49bn in medical debt from credit reports.

Al Jazeera · Jan 8, 2025

Walmart accused of illegally forcing over 1 million of its drivers to open bank accounts

Walmart called the lawsuit factually inaccurate and said the agency didn’t give the company a fair chance to present their case

The Independent UK · Dec 24, 2024

Walmart Forced A Million Workers To Use Bank Accounts With Expensive 'Junk Fees' To Receive Paychecks: Feds

The Consumer Financial Protection Bureau has filed a lawsuit against Walmart and financial services company Branch over employee accounts with expensive fees.

International Business Times · Dec 24, 2024

Get all your
news in one place.

100's of premium titles.
One news app.

Latin Times · Dec 24, 2024

Walmart Forced a Million Workers to Use Bank Accounts with Expensive 'Junk Fees' to Receive Paycheck or Risk Losing Job: Lawsuit

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against U.S. retailer Walmart and financial services company Branch after it was reported that the former unlawfully opened Branch accounts with expensive deposit fees on behalf of its employees.

International Business Times · Dec 20, 2024

JPMorgan Chase, BofA and Wells Fargo Sued For 'Festering' Fraud On Zelle

Federal regulators said the nation's largest banks failed to put safeguards in place for consumers, creating a "gold mine for fraudsters."

The Guardian - US · Dec 16, 2024

Trump will destroy the government agencies that most help working people

For all its supposed ‘populism’, the new administration will probably target offices that protect consumers

The Independent UK · Dec 13, 2024

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

Get all your
news in one place.

100's of premium titles.
One news app.

Salon · Dec 12, 2024

Biden's crackdown on overdraft fees

The Consumer Bankers Association is rallying against the regulation

The Independent UK · Dec 12, 2024

The White House is cracking down on overdraft fees

The Consumer Financial Protection Bureau is capping the fees at $5 with a rule set to take effect in October 2025, if it isn't overturned by Congress or altered under a Trump administration

Salon · Dec 11, 2024

Why the GOP hates this consumer agency

Elon Musk is leading another effort to "delete" the CFPB. It's complicated.

TechRadar · Dec 9, 2024

Google sues US Consumer Financial Protection Bureau over federal supervision order for Google Pay

Google is unhappy with its federal supervision order from the Consumer Financial Protection Bureau.

Tom’s Guide · Dec 7, 2024

New rule would make it much harder for data brokers to sell your personal info

The Consumer Financial Protection Bureau hopes to regulate data brokers the same way it does credit bureaus and background check companies.

Al Jazeera · Nov 28, 2024

Trump ally Elon Musk calls to ‘delete’ US consumer protection bureau

Musk, a confidant of the president-elect, is set to co-lead Trump’s newly created Department of Government Efficiency.

Salon · Nov 27, 2024

Musk wants to "delete" CFPB

The Consumer Financial Protection Bureau was created in 2008 to protect people from predatory financial practices

1 … 4 5 6 7

Coverage From

People

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

Organisations

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.