DOGE targets Consumer Financial Protection Bureau as Musk tweets ‘RIP’
Officials from the U.S. DOGE Service worked on site at the CFPB on Friday, raising concerns about the future of the watchdog agency.
The Consumer Financial Protection Bureau Is Being Told to Stop Its Work. 5 Ways That Could Impact Consumers Like You.
In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from unfair lending practices, and much more. Here’s what might happen
DOGE Is Now Inside the Consumer Financial Protection Bureau
DOGE staffers will get read-only access to CFPB data, systems, and equipment, according to an internal email reviewed by WIRED.
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
Trump’s Billionaire Buddy Halts Work at Federal Consumer Protection Agency
President Donald Trump’s Treasury Secretary Scott Bessent has been tapped to direct the Consumer Financial Protection Bureau on an acting basis. In a staff email obtained by The Washington Post, Bessent and his aides reportedly instructed employees to immediately stop the bureau’s current work including drafting regulations,
Trump appoints treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau.
Breaking: Treasury Secretary Bessent Heads Consumer Financial Protection Bureau, Immediately Orders Freeze of CFPB Activities
On Saturday, February 1, 2025, it was announced that President Donald Trump had removed Rohit Chopra as director of the Consumer Financial Protection Bureau (CFPB). In a statement from the CFPB on February 3,
Trump Appoints Treasury Secretary Scott Bessent as Acting CFPB Director
President Donald Trump appointed Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau, Bessent announced Monday. Former Director Rohit Chopra, appointed by President Joe Biden in 2021,
‘CFPB RIP’: Elon Musk is already descending on his next target
Republicans have long criticized the Consumer Financial Protection Bureau. Musk’s allies have entered the building and are ...
Musk’s crew descends on CFPB with plan to shut it down
The CFPB is funded independently through the Federal Reserve, but the CFPB director has the power to determine how much money ...
Will Trump Axe the CFPB? What Consumers Should Know
Time will tell what Trump has in store for the CFPB. For now, consumers can still access the bureau’s many educational ...
American Banker6h
CFPB agrees to temporarily halt medical debt rule
The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement ...
The Trump-Musk Presidency is killing the CFPB
Just as Elon Musk's X pushes into financial services, the agency responsible for protecting citizens from such companies is ...
RIP CFPB?
Elon Musk sent a somewhat cryptic message on X hours after Wired reported that his Department of Government Efficiency (DOGE) entered the Consumer Financial Protection Bureau, where DOGE staffers were ...
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New Administration Outlook: What Does the CFPB "Freeze" Mean for Regulations and Pending Litigation?
Treasury Secretary Scott Bessent, who is currently serving as the acting director of the Consumer Financial Protection Bureau (CFPB), emailed staff ...
Some Banks Get Stay on CFPB Small Business Data Collection Rule
Some banks and credit unions will get a reprieve from complying with the Consumer Financial Protection Bureau’s small ...
Tech’s Trump Backers—Zuckerberg, Musk—Hate CFPB. It’s Now Been Paused.
Treasury Secretary Scott Bessent ordered the Consumer Financial Protection Bureau to halt work Monday, following months of ...
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Musk’s team has gained access to CFPB building, data systems
Associates working with Elon Musk entered CFPB’s building Thursday, and will receive ready-only access to a sweeping amount ...