Established in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) is a government agency intended to do exactly what its name states: protect consumers financially by ...
The removal of the CFPB as a viable regulator has thrown the doors open to the kind of unscrupulous behavior that triggered the last major financial crisis, writes Kathleen Engel, of Suffolk ...
State attorneys general and legislatures are reshaping consumer finance through coordinated enforcement, laws, and court ...
“CFPB RIP” was Elon Musk’s tweet on Feb. 7, when the billionaire was slashing his way through federal agencies at the behest of his then-ally, President Donald Trump. Rohit Chopra, former director of ...
Here’s what the agency has been doing for U.S. consumers since it was created in 2011—and what could change if the current administration continues to scale back its budget, staff, and mission By ...
The terminations leave a gaping hole in the oversight of financial institutions and tech firms venturing into financial technology. The terminations leave a gaping hole in the oversight of financial ...
President Donald Trump’s new Consumer Financial Protection Bureau acting director Russell Vought has taken a mallet to the agency, according to reports over the weekend. The capper seems to be ...
CFPB ensures financial markets fairness, focusing on rule enforcement and consumer education. Established post-2008 crisis, CFPB centralizes oversight of banking/lending practices. Investors benefit ...
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. But ...
Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...