The Latest Breaking News from The Consumer Financial Protection Bureau

Trump's Move To Gut Financial Protection Agency Could Cost Consumers $15 Billion A Year, Say Advocacy Groups

President Donald Trump's bid to dismantle the Consumer Financial Protection Bureau has shifted at least $18 billion in costs onto consumers through higher bank fees and canceled restitution, two advocacy groups said Tuesday.

Benzinga · Jun 25, 2025

5 Ways To Report A Bad Business Outside Of The BBB

For years, the Better Business Bureau (BBB) has been the go-to for consumers looking to hold companies accountable. But in today’s digital age, relying solely...

Saving Advice · May 27, 2025

Donald Trump's Plan to Dismantle CFPB Could Lead to More Ripped-Off American Products

CFPB workers claim that if Donald Trump completely dismantles the consumer watchdog, then ripped-off American products will become more rampant.

International Business Times UK · May 22, 2025

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 · Apr 18, 2025

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 · Apr 17, 2025

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 · Apr 13, 2025

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 · Apr 9, 2025

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 · Apr 4, 2025

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 · Mar 28, 2025

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 · Mar 28, 2025