Russell Vought’s dismantling of the Consumer Financial Protection Bureau is putting the public at risk in areas ranging from auto loans and digital payments to credit cards and credit reports.
The full court's review dislodges a summer ruling by a three-judge panel which gave the federal government the go-ahead to proceed with wholesale layoffs amounting to 90 percent of the CFPB's staff.
A federal appeals court will allow the Trump administration to further shrink the Consumer Financial Protection Bureau but not dismantle it entirely. The Friday evening order from the US DC ...
CFPB ensures financial markets fairness, focusing on rule enforcement and consumer education. Established post-2008 crisis, CFPB centralizes oversight of banking/lending practices. Investors ...
The Consumer Financial Protection Bureau has been quiet since the early days of the second Trump presidency, when the administration stopped work at the agency and told staffers to stay home.
The agency, which has returned $21 billion to consumers since its inception, could lose 1,500 of its 1,700 employees, a union warned. By Stacy Cowley The Trump administration sent layoff notices on ...
Discover how the Homeowners Protection Act helps you cancel unnecessary PMI. Save money by understanding your mortgage insurance rights and equity requirements.
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