Consumer Financial Protection Bureau ordered to stop work. What it could mean for you
The fate of the Consumer Financial Protection Bureau, or CFPB, is uncertain as the agency and its workers have faced a tumultuous month of February so far, possibly leaving consumers with more questions than answers. Here's the latest and how it could affect consumers.
Democratic lawmakers warn axing Consumer Financial Protection Bureau will leave troops vulnerable
Shuttering the Consumer Financial Protection Bureau will leave service members who rely on the agency’s accountability initiatives less guarded from scams and financial crimes.
New acting director tells Consumer Financial Protection Bureau to suspend most operations
The Consumer Financial Protection Bureau and will suspend most of its operations, according to a memo from its new acting director Russell Vought.
Inside Trump and Musk’s War on the Consumer Financial Protection Bureau
The new boss at the Consumer Financial Protection Bureau had a jarring message for staffers Monday morning, in an internal memo leaked to Rolling Stone: “Stand down from performing any work task.” The message came from Russell Vought — a Project 2025 architect who was confirmed by the Senate last week to lead the Office of Management and Budget in the Trump White House.
Trump has subdued the Consumer Financial Protection Bureau. So what does this agency do?
President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.
Trump Official Orders Consumer Financial Protection Bureau to Stop Work
WASHINGTON — The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.
Trump’s Budget Chief Neuters Elizabeth Warren’s Consumer Financial Protection Bureau
I am committed to implementing the President's policies, consistent with the law, and acting as a faithful steward of the Bureau's resources,’
Russ Vought orders Consumer Financial Protection Bureau to stop work
The development came after Elon Musk's Department of Government Efficiency, or DOGE, gained access to the CFPB and began a thorough review.
Trump official orders Consumer Financial Protection Bureau, brainchild of Sen. Warren, to stop work
"They will fail again," Warren said after a Trump administration official ordered the Consumer Financial Protection Bureau to stop its work.
Republican congressman calls to defund the Consumer Financial Protection Bureau
In a letter to House Speaker Mike Johnson, Self encouraged the inclusion of a bill that would strip the Consumer Financial Protection Bureau of its funding.
22 states, D.C. file brief to prevent closure of Consumer Financial Protection Bureau
Attorneys general from California and 21 other states, plus the District of Columbia, have filed a court brief seeking to prevent the dismantling of the federal Consumer Financial Protection Bureau. The amicus brief,
USA Today9d
Consumer Financial Protection Bureau leaders resign citing Trump Administration freeze
The top officials for enforcement and supervision at the U.S. Consumer Financial Protection Bureau ... However, the White House Office of Management and Budget said they had instead been ...
The Washington Post12d
Consumer Financial Protection Bureau to shutter for a week
The Trump administration is closing the offices of the Consumer Financial Protection Bureau for the coming ... director of the White House budget office, who became the acting head of the ...