Last month, workers at the CFPB were told to stop working, effectively shutting down the agency, though that order has since been challenged by a federal judge. Although the CFPB, which is tasked ...
The Consumer Financial Protection Bureau still wants your mortgage data by Monday. Operations related to the regulator's Home Mortgage Disclosure Act statutory requirements are continuing, a CFPB ...
Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plans to fire hundreds of workers remain intact, as a federal judge weighs whether to block ...
When the agency wants funds, it should go to Congress.
Elizabeth Warren, D-Mass. The CFPB's Consumer Complaint Program ‒ established in the 2010 Dodd-Frank Act that created the agency ‒ serves as a clearinghouse for consumers to submit complaints ...
Consumer advocates warn that weakening the CFPB leaves Americans vulnerable to financial industry abuses. Created after the ...
A federal judge on Friday handed the Trump administration a win by declining to temporarily block its bid to strip the Consumer Financial Protection Bureau (CFPB) of its reserve funds, after ...
Since then, the CFPB has issued 30 other orders against banks and financial services groups totaling at least $280 million in total consumer redress, according to actions tracked by American Banker.
“It's difficult to know what agency, if any, would have authority over [consumer protection] statutes if the CFPB is not in business anymore,” said Covington & Burling partner Eric Mogilnicki.
"Eliminating the CFPB will hurt everyday people and benefit billionaires like Elon Musk and his friends," James said Thursday. "The CFPB has put billions of dollars back in the pockets of ...
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