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The Latest Breaking News from The Consumer Financial Protection Bureau

Court filings describe DOGE-driven, scream-filled, 36-hour mass layoff scramble at consumer protection agency

As the Trump administration seeks to gut the Consumer Financial Protection Bureau, employees are fighting back.

Fortune

Federal judge blocks Musk team’s effort to shutter top consumer agency

Order comes a day after the ‘efficiency’ team sent out orders to lay off 1,500 of the agency’s 1,700 employees

The Guardian - US

Federal judge pausing Trump administration's plans for mass layoffs at the CFPB

A federal judge who blocked the Trump administration from dismantling the Consumer Financial Protection Bureau has ruled that the agency can’t go forward immediately with plans to mass fire hundreds of employees

The Independent UK

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Consumer Watchdog Eyes 90% Workforce Cuts Under Trump-DOGE Federal Government Downsizing: Reports

The Consumer Financial Protection Bureau is set to lose most of its employees as it undergoes a "necessary" restructuring that will affect some 1,500 agency workers.

International Business Times

Layoffs hit Consumer Financial Protection Bureau as Trump's government downsizing continues

The Consumer Financial Protection Bureau is being downsized by President Donald Trump

The Independent UK

Trump Can Continue Firing Consumer Financial Protection Bureau Staff, Appeals Court Rules

The Trump administration won a partial victory this week in its ongoing quest to dismantle the Consumer Financial Protection Bureau (CFPB).

Latin Times

House votes to overturn Biden-era rule limiting bank overdraft fees to $5, sends to Trump to sign

The House has voted to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the Biden-era regulation that the Consumer Financial Protection Bureau had estimated would save consumers billions of dollars

The Independent UK

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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

Judge blocks Trump effort to shutter Consumer Financial Protection Bureau

The injunction is a setback for Trump, who has sought to streamline the federal government through cuts and layoffs.

Al Jazeera

Federal judge blocks Trump from dismantling Consumer Financial Protection Bureau

A federal judge has agreed to block the Trump administration from dismantling the Consumer Financial Protection Bureau

The Independent UK

Pastor details taking fight to the Trump administration to get her student loans forgiven. All from her hospice bed

EXCLUSIVE: A pastor at the center of the lawsuit over the closure of the Consumer Financial Protection Bureau tells Mike Bedigan about her efforts even though she has just months to live

The Independent UK

As Trump remakes America, where is Congress?

During his first weeks in office, Donald Trump has implemented a shock and awe strategy to overhaul the US government and its foreign policy. Notable changes include closing longstanding executive agencies, including USAid and the Consumer Financial Protection Bureau.

The Conversation

D.C. Circuit Issues Opinion Explaining Stay that Allowed for Special Counsel Dellinger's Removal

The panel did not believe the Office of Special Counsel could be distinguished from the Consumer Financial Protection Bureau or Federal Housing Finance Authority.

Reason

Elon Musk's dream to make Twitter/X a financial site could be closer to reality after Senate hobbles CFPB powers

Social media site hopes to get into the payments business.

Fortune

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Roll Call

Senate Banking backs McKernan’s nomination for CFPB director - Roll Call

The Senate Banking Committee backed a nominee to lead the Consumer Financial Protection Bureau who has pledged to keep the agency open.

The Independent UK

States look to bolster consumer protection as Trump promises tariffs and trade war

Officials warn that the closing of the Consumer Financial Protection Bureau will have dire effects on vulnerable consumers including veterans and the elderly

Salon

Trump admin: CFPB won't be deleted

The agency appears to be in the process of being defanged instead of being shut down

The Guardian - US

US economy ‘less safe’, experts say, as Trump hobbles consumer watchdog

Former officials say Americans more likely to be ripped off and scammed as CFPB targeted by Musk ‘efficency’ blitz

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Latin Times

Federal Worker Fired Under DOGE Purge: 'We're Under Attack by Billionaires'

In a sweeping wave of layoffs, thousands of federal workers, including employees at the Consumer Financial Protection Bureau (CFPB), Department of Education and Department of Veterans Affairs, have been abruptly terminated.

The Independent UK

Consumer watchdog agency called ‘vicious’ by Trump seen as a ‘hero’ to many it aided

The Consumer Financial Protection Bureau is in the crosshairs of a White House that has halted its work, closed its headquarters and fired dozens of its workers

Reason

The 5 Worst Things About the Consumer Financial Protection Bureau

The agency—an unelected regulator with a blank check—has spent much of its short life making things harder for the consumers it set out to protect.

The Independent UK

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

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

Kiplinger

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.

The Independent UK

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

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