JD Supra2m
CFPB ordered to pause work and congressional Democrats react
On January 31, the CFPB announced Treasury Secretary Scott Bessent as the Acting Director. As previously covered by InfoBytes, Bessent sent an ...
JD Supra7m
Consumer Finance Monitor Podcast Episode: Will the State Attorneys General and Other Stage Agencies Fill the Void Left by the CFPB?
Today’s podcast show is a repurposing of the second half of a webinar we produced on January 17, 2025. That webinar was Part 3 of our webinar ...
What does having the Consumer Financial Protection Bureau on hold mean for consumers?
The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump ...
Trump wants to shut the CFPB. So what does this consumer 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 ...
With Attack on Consumer Bureau, Musk Removes Obstacle to His ‘X Money’ Vision
Former officials at the Consumer Financial Protection Bureau said Elon Musk’s payment-business aspirations were driving his ...
themortgagepoint1h
FDIC’s McKernan Nominated as CFPB Director
In the midst of numerous dismissals and resignations at the Bureau this week, President Trump has nominated Jonathan McKernan ...
Democrats vow to fight shutdown of consumer watchdog agency
A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...
With the CFPB Being Dismantled, Who's Policing The Big Banks?
With the government's consumer watchdog agency off the job on the orders of President Donald Trump, Democratic lawmakers are ...
The CFPB’s Headquarters Shutdown Came Swiftly, Under a Veil of Secrecy
Elon Musk's Department of Government Efficiency, known as DOGE, used a take-no-prisoners approach in shuttering the Consumer Financial Protection Bureau.
Top consumer bureau officials depart after Trump admin halts work
Two top officials at the Consumer Financial Protection Bureau (CFPB) left the agency Tuesday and its No. 2 was placed on ...
Marketplace1d
The Trump administration has ordered the CFPB to stop its work. What does the agency do?
The Consumer Financial Protection Bureau regulates financial products on behalf of the public and has returned over $21 billion to consumers.