A stop-work order from the Consumer Financial Protection Bureau's newly appointed acting director Russell Vought has created uncertainty about the future of consumer-oriented enforcement activity.

In his semiannual testimony before the Senate Banking Committee Tuesday, Federal Reserve Chair Jerome Powell said the effective shuttering of the Consumer Financial Protection Bureau leaves no federal ...

Russell Vought, the acting head of the Consumer Financial Protection Bureau, is halting the flow of new funding to the agency and shutting down its headquarters, the latest threat to the CFPB’s ...

Vought, the head of the Office of Management and Budget who also became the acting director of the CFPB on Friday, issued a notice to staff on Saturday demanding they “cease all supervision and ...

Russell Vought, the newly installed director of the Office of Management and Budget, directed the CFPB in a Saturday night email confirmed by The Associated Press to stop work on proposed rules ...

"CFPB RIP," Musk wrote on X on Friday. The Consumer Financial Protection Bureau, a federal agency designed to prevent another financial crisis and protect people from scams, has halted most of its ...

Many have been left wondering whether there will be material changes by the Trump administration to the recently released proposed and final ...

UPDATE: This story was updated Tuesday, Feb. 11 and Sunday, Feb. 9 to include the information about closing the CFPB headquarters and the Slate reporting. 1. Stop all supervision activity that has ...

Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C. Photo: Getty Images About 100 workers at the U.S. Consumer Financial Protection Bureau protested outside the agency’s ...

The CFPB protects consumers by analyzing the practices of large financial institutions like banks, lenders, credit unions, and debt collectors to ensure they are not improperly targeting consumers.

Senate Building on January 22 in Washington, DC. The move came after CFPB’s X account, formerly available at @CFPB, appeared to be taken offline—telling users “This account doesn’t exist ...

Three DOGE team membersChristopher Young, Nikhil Rajpal, and Gavin Kligerarrived at the CFPB’s Washington office, the CFPB employees union NTEU 335 said in a Friday statement. The move comes months ...