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
Consumer Financial Protection Bureau shakeup leaves medical debt reform in limbo
The fate of a Biden-era rule that would keep medical debt from consumers’ credit reports is up in the air amid reported stoppages within the Consumer Financial Protection Bureau (CFPB) and the new | A rule barring medical debt from credit reports was set to go into effect in March,
The Consumer Financial Protection Bureau Harms Those Whom It Claims to Protect
If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer Financial Protection Bureau.
Consumer Financial Protection Bureau Ordered To Stop Work After Trump Says Treasury’s Bessent Now In Charge
The Consumer Financial Protection Bureau was told to cease operations on Monday shortly after President Donald Trump appointed Treasury Director Scott Bessent to serve as the watchdog agency’s acting director—appeasing Republicans, and tech executives, who have criticized regulations at the agency implemented under the Biden administration.
Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.
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.
It's Time To Shutter The Consumer Financial Protection Bureau
Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial marketplace.
Treasury Secretary Scott Bessent to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the Consumer Financial Protection Bureau after firing Rohit Chopa on Saturday.
Trump appoints the 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.
Trump names Scott Bessent, the Treasury secretary, to lead the consumer bureau.
President Trump has put Treasury Secretary Scott Bessent in charge of the Consumer Financial Protection Bureau on an acting basis. Two days after firing Rohit Chopra, who was nominated by former President Joseph R.
Trump administration pauses work of consumer watchdog and names Scott Bessent as acting head
Staff at the Consumer Financial Protection Bureau, a watchdog agency formed after the 2008 financial crisis, have been told to cease work after President Donald Trump appointed his Treasury Secretary to temporarily head it.
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 ...
CFPB's General Counsel Who Pushed Muscular Agency Set to Depart
Seth Frotman, the top lawyer at the Consumer Financial Protection Bureau, is set to depart after leading the agency through a ...
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Elizabeth Warren urges White House to ‘unfreeze’ CFPB
Sen. Warren is urging the acting CFPB director to "unfreeze" the agency, appealing to potentially common ground with ...
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CFPB Updates List of Consumer Reporting Companies for 2025
On January 30, the Consumer Financial Protection Bureau (CFPB or Bureau) released its updated list of consumer reporting companies for 2025. The ...
CFPB Ordered to State Position on Consolidating Capital One Case
The Consumer Financial Protection Bureau will have to declare whether its lawsuit over Capital One Financial Corp.’s savings ...
Trump's consumer watchdog freezes CFPB activity on first day of job
U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance ...
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Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 2025
To keep you informed of recent activities, below are several of the most significant federal and state events that have ...
CFPB Workers File Grievance to Block Deferred Resignation Plan
The union representing Consumer Financial Protection Bureau employees says that a deferred resignation proposal from the ...