Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plan to fire hundreds of workers remain intact, as a federal judge weighs whether to ...

“And that is, Elon Musk is determined to shut down this agency even though he has no legal authority to do that.” Warren and other Democrats assert that Musk is stymieing CFPB investigations ...

Pfaff wrote “There is simply no one at the CFPB to help” consumers right now, which is kinda the agency’s whole thing. According to Pfaff, he and multiple others within the agency have asked ...

Trump tapped McKernan, a former director at the Federal Deposit Insurance Corporation, for a five-year term at the helm of the CFPB. The nomination may suggest the administration is seeking to ...

"Scammed consumers will no longer be able to contact the CFPB to investigate and pursue financial institutions that cheated them," says consumer attorney Danny Karon, a lecturer at The Ohio State ...

In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they attended this month with senior CFPB leaders and members of Elon Musk ...

Why not let them? For consumers who want next-level services and financial products, there is no question that CFPB’s litigious approach has impacted their ability to access credit and financial ...

Consumer Financial Protection Bureau (CFPB) Director on February 1 and the swift appointment of Scott Bessent on February 3 have set in motion the rapid dismantling of the agency. Wasting no time ...

Democratic lawmakers are calling on a federal ethics office to probe Elon Musk’s conflicts of interest. Democratic lawmakers are calling on a federal ethics office to probe Elon Musk’s ...

The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...

Under the new rule, financial institutions must transfer a consumer’s financial data to another company at no cost at the customer’s request. Argument for: The CFPB said the rule will make ...