Democrats vow to fight shutdown of consumer watchdog agency
A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of Management and Budget, and Treasury Secretary Scott Bessent, calling on them to reverse course on actions targeting the nation's consumer financial watchdog agency.
Secrecy, covered windows preceded shutdown of consumer protection agency’s headquarters
President Donald Trump’s budget chief has sent an email to consumer protection agency employees telling them to stop working. The message arrived Monday as the Consumer Financial Protection Bureau's Washington headquarters was being shut down for the week.
Consumer protection agency neutralized by Trump's new chief
Elon Musk's efficiency department has access to computer systems at an agency that would likely regulate one of his pending ventures and its competitors.
White House Orders Consumer Protection Agency Shutdown
The Trump administration orders a shutdown of the Consumer Financial Protection Bureau, halting inquiries and new rules.
Trump administration orders consumer protection agency to stop work, closes building
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.
Project 2025 co-author shuts down operations at consumer protection agency
If you have a bank account, or a credit card, or a mortgage, or a student loan, this is a code red," Elizabeth Warren said. "I am ringing the alarm bell."
Consumer Financial Protection Bureau ordered to stop work: What to know about the agency
Russell Vought, director of the Office of Management and Budget and the acting director of CFPB, ordered the federal watchdog to stop work.
Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency
Americans’ bank accounts are safe despite the Trump administration's shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday. Powell, testifying before the Senate Banking Committee,
US Consumer Watchdog Cases in Limbo Following Agency's Idling
The Trump administration's idling of the Consumer Financial Protection Bureau (CFPB) left in limbo significant cases the agency brought against companies and large financial firms in the waning days of President Joe Biden's time in office.
Is Trump hurting or helping Americans by freezing Consumer Financial Protection Bureau?
The Trump administration's got its eyes on the Consumer Financial Protection Bureau. What's at stake for Americans? Experts weigh in.
From credit cards to medical debt: What may happen to some key consumer protection rules under Trump
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now ...
Powell says bank accounts ‘safe’ despite teardown of consumer protection agency
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.
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The Latest: Consumer protection regulators get fill-in-the-blank firing memos
President Donald Trump made a rare appearance with Elon Musk, his most powerful adviser, in the Oval Office before signing an executive order to continue downsizing the federal workforce.
'Save face': Officials at Liz Warren's pet project agency dismissed despite telling media they resigned
Fox News Digital confirmed three leaders at the Consumer Financial Protection Bureau were placed on administrative leave Tuesday.
Russell Vought Orders Consumer Protection Bureau’s Headquarters Closed for a Week
The order to shutter the agency’s headquarters follows another order issued Saturday by Mr. Vought, who also leads the Office ...
US Consumer Watchdog Fires Some Probationary Staff, Sources Say
The U.S. Consumer Financial Protection Bureau fired some probationary staff on Tuesday, according to a recipient of a ...
US consumer watchdog's enforcement, supervision chiefs say they resigned
The top officials for enforcement and supervision at the U.S. Consumer Financial Protection Bureau said on Tuesday they had ...
New CFPB chief closes headquarters, tells all staff they must not do 'any work tasks'
The edict comes as Russell Vought takes over at the Consumer Financial Protection Bureau. Vought has ordered work to halt at ...