"It is Congress that created the Consumer Financial Protection Bureau, and it is only Congress, not Donald Trump, not Elon Musk … who can actually get rid of the CFPB," Warren (D-Mass.) ...
Major CFPB cases are in limbo, including lawsuits against Capital One and Walmart. With fewer regulatory constraints, banks and lenders may adjust their fee structures and lending policies ...
The Trump administration has agreed to pause layoffs and funding cuts at the Consumer Financial Protection Bureau, or CFPB, the federal agency responsible for cracking down on “junk” fees and ...
This past week the acting director of the Consumer Financial Protection Bureau (CFPB) stopped operations and halted funding to the agency. Born out of the Dodd-Frank Wall Street Reform and ...
He and I conducted via email the interview below about the ongoing shutdown of the Consumer Financial Protection Bureau (CFPB), and what it means for both the financial sector and consumers.
"With the new administration halting work at the CFPB, American citizens are at greater risk of financial fraud and discrimination," said Leslie H. Tayne, Esq., Finance and Debt Expert and ...
Claire Dickey is a Newsweek senior editor based in Florida. Her focus is reporting on personal finance news, with extensive coverage related to credit cards and banking. Claire joined Newsweek in ...