CFPB’s latest layoffs halted in setback to shutdown effort
The Consumer Financial Protection Bureau may not proceed with agencywide job cuts, while a D.C. federal court weighs whether the ...
Tag: Consumer Financial Protection Bureau
CFPB to cut financial firm supervision, curb fintech focus
America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to ...
Banks want US consumer regulator back to undo rules they loathe
Financial companies were rarely shy about their issues with the Consumer Financial Protection Bureau. But a largely shuttered consumer watchdog ...
CFPB co-founder: Agency will ‘rise from the ashes’
The immediate future is uncertain for the Consumer Financial Protection Bureau, and it might experience downsizing and less regulatory enforcement, but ...
Ex-FDIC official McKernan nominated as new CFPB director
Amid the uncertainty surrounding the Consumer Financial Protection Bureau, President Donald Trump has nominated a new director to lead the agency. Trump nominated ...
CFPB pause prompts concern of ‘regulatory vacuum’
Lenders must be mindful of existing consumer law and state-level enforcement despite the current pause in enforcement activity by the ...
Section 1071 ‘likely dead’ as CFPB’s work is halted
Section 1071, a new regulatory challenge that equipment lenders have been gearing up for, may have just vanished into thin ...
DOGE-backed halt at CFPB comes amid Musk’s plans for ‘X’ digital wallet
In another weekend takeover of a federal agency's operations, staffers from an efficiency initiative led by billionaire Elon Musk helped ...
