The Consumer Financial Protection Bureau logo is seen through a window at the CFPB offices in Washington on Sept. 23, 2019. Employees of the Consumer Financial Protection Bureau were instructed to ...

The Consumer Financial Protection Bureau (CFPB) moved to make sweeping job cuts as the Trump administration looks refocus the agency's regulatory objectives with a smaller workforce.

Twenty-three state attorneys general have joined a lawsuit to challenge the shutdown of the CFPB.On Feb. 20, New York Attorney General Letitia James co-led a coalition of 23 attorneys general to warn ...

In declarations to federal court, CFPB employees describe a hasty process to eliminate most of the agency's staff. "[A]ll that matters is the numbers," one employee said they were told by leaders.

It might not be quite as drastic a cut as one that would leave only “five men in a room,” but the Consumer Financial Protection Bureau (CFPB) reportedly has let go more than 1,400 of its approximately ...

David Krebs, principal broker at DAK Mortgage, expects the CFPB’s staff cuts and narrowed focus will “likely mean less day-to-day regulatory pressure for lenders and brokers.” ...

The CFPB requests its annual budget from the Fed every year, effectively as a line of credit from the central bank. It has never needed the entire 12% of the Fed’s profits, but it has come close ...

Over the past couple of months, the CFPB's capacity as a consumer watchdog has been reduced in several ways: Last week, the US Senate voted to overturn the CFPB's $5 cap on bank overdraft fees ...

More than 1,400 Consumer Financial Protection Bureau (CFPB) workers were terminated from their positions on Thursday amid a broader Trump administration shakeup at the independent government ...

On May 6, the Consumer Financial Protection Bureau announced it will no longer prioritize enforcement actions taken on buy now, pay later transactions, in accordance with a Biden-era rule that ...

The Consumer Financial Protection Bureau (CFPB) is withdrawing a Biden-era proposal that sought to rein in the sale of Americans’ personal information by data brokers. In a federal regis… ...