5 days ago · Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule that would stop financial companies from forcing Americans to choose between participating in the financial system or giving up their rights, including those guaranteed by the Constitution.

4 days ago · The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.

4 days ago · The CFPB was ordered to cease all public communications, including the publication of research papers, and to stop any “material agreements, including related to employee matters or contractors.” The CFPB didn’t immediately respond to requests for comment. The CFPB also has the power to directly supervise the companies it regulates.

4 days ago · WASHINGTON - The Consumer Financial Protection Bureau, a federal agency designed to protect consumers from the banking industry in the wake of the Great Recession, is halting its operations ...

6 days ago · The CFPB declined to comment on the news. “It’s the executive’s decision and prerogative to see who they want in that role,” a White House official told CNN. Chopra’s legacy at the CFPB

3 days ago · Sara Dorn is a Forbes news reporter who covers politics. Following. Feb 4, 2025, 10:57am EST. ... Treasury Secretary Scott Bessent ordered the Consumer Financial Protection Bureau to halt work ...

4 days ago · U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance watchdog, has halted virtually all pending activities at the U.S. Consumer ...

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