Key Insight: The Consumer Financial Protection Bureau's new "Humility Pledge" is mandated for all supervisory examiners, with a focus on pressing threats to consumers, particularly service members and ...
The Consumer Financial Protection Bureau will furlough much of its workforce on Dec. 31 and transfer remaining litigation to the Justice Department, officials told staff on Thursday. The decision ...
President Donald Trump has tapped another Office of Management and Budget official to head a consumer protection agency the administration is trying to wind down, but the administration indicated ...
President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau on Wednesday, using a legal maneuver to keep his budget director, Russell Vought, as acting ...
The rules represent the biggest change to fair lending regulations since the 1970s. But the ability of the CFPB to adequately defend its rulemaking is in question after large staffing cuts this year.
In a recent court filing, OMB Director Russell Vought contends that the Bureau is legally barred from drawing funds from the Federal Reserve, the mechanism through which it has traditionally been ...
The Trump administration has declared the CFPB's funding from the Federal Reserve unlawful, sparking another legal battle over the agency's operations. The CFPB expects to function until the end of ...
Russell Vought, Office of Management and Budget director, outside the West Wing of the White House, September 29, 2025, in Washington. Credit: Evan Vucci/AP Photo A legal office in the White House, at ...
The Consumer Financial Protection Bureau said on Monday it cannot legally draw funds from the Federal Reserve and expects to run out of funding by early 2026. The announcement comes as the Trump ...
WASHINGTON, Nov 3 (Reuters) - President Donald Trump's clampdown on the U.S. Consumer Financial Protection Bureau earlier this year has compounded IT security lapses at the agency through the ...
A view of the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., on Feb. 10, 2025. (Photo by Saul Loeb / AFP via Getty Images) The Trump administration’s ongoing decimation ...
The Trump administration is moving to roll back Biden-era rules at the Consumer Financial Protection Bureau (CFPB) that required businesses subject to federal regulatory orders to submit those for ...