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What dramatic cuts at the Consumer Financial Protection Bureau could mean for consumers
The Trump administration moved to eliminate nearly 90% of staff at the Consumer Financial Protection Bureau. Legal challenges have prevented the Trump administration from shutting down the agency.
WASHINGTON − Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from private companies are going unanswered following President Donald ...
The Consumer Financial Protection Bureau, a consumer watchdog agency created by Congress, is in a turbulent time. This week, the Trump administration said in a court filing it intends to keep the CFPB ...
Here’s what the agency has been doing for U.S. consumers since it was created in 2011—and what could change if the current administration continues to scale back its budget, staff, and mission By ...
Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the midst of a complete overhaul that could cripple its ability to act as the ...
Layoffs at the CFPB are on hold, for now. Advocates say a mini agency at the state level could help protect consumers, but it might not be enough. The Consumer Financial Protection Bureau is among the ...
The Consumer Financial Protection Bureau was one of the early targets of the Trump administration's attempts to dramatically reduce government spending. The bureau's work was first suspended in early ...
Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...
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