The agency was created after the 2008 financial meltdown, as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. That law was passed in the wake of the 2007 subprime mortgage crisis ...
A federal judge has rejected a claim by President Donald Trump's administration that it is legally barred from securing funding for the U.S. Consumer Financial Protection Bureau, noting a court order ...
Established in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) is a government agency intended to do exactly what its name states: protect consumers financially by ...
Over 190 House and Senate Democrats joined a letter vowing to protect CFPB A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...
In the weeks since President Trump's return to office, the Consumer Financial Protection Bureau, long a target of conservatives, landed in the crosshairs of Elon Musk's DOGE, or Department of ...
(Reuters) -The U.S. Consumer Financial Protection Bureau was defanged over the weekend with all activities suspended, its upcoming funding facing a cut and its headquarters temporarily closed, ...
Russell Vought’s dismantling of the Consumer Financial Protection Bureau is putting the public at risk in areas ranging from auto loans and digital payments to credit cards and credit reports. Two ...
The Supreme Court may decide as soon as Friday whether to tackle a new case that could further constrain the power of US regulators to delve into American businesses and individual lives. In recent ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Consumer protection laws help keep businesses honest by shielding consumers against companies that operate with unfair, ...
Bill Doak and his wife, Linda, were preparing to buy a new house this spring when a mortgage broker made an ominous declaration after scanning their credit report: “Oh my God, you’re in trouble.” The ...
Financial exploitation in the elder population has been on the rise, with financial institutions reporting quadruple the number of such incidences from 2013 to 2017, according to the Consumer ...
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