The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial marketplace.
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he’s getting fired.
White House Press Secretary Karoline Leavitt on Tuesday defended President Trump's firings of at least a dozen agency inspectors general, saying Supreme Court precedent allows him the broad power to fire federal employees.
Trump's firings of the Senate-confirmed inspectors general included officials at Defense, State, Transportation, Labor, Health and Human Services, and EPA among others.
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t going to be quick, analysts say.
Consumer Financial Protection Bureau. "You Can Submit a Payday Loan Complaint." The White House. “FACT SHEET: Biden-⁠Harris Administration Advances Equity and Opportunity for Asian American ...
That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided in both mission and execution that it does not deserve mere reform—it should be abolished outright.
Thursday was the third full day of the new Trump administration and the CFPB still has a director that was confirmed under President Joe Biden.
President Donald Trump’s dramatic pause of federal grants and loans is queuing up a Supreme Court showdown over the Constitution that will test the court’s recently muscular commitment to curb executive power.
The CFPB is calling on state governments to increase their focus on consumer financial protection laws.
The director of the Consumer Financial Protection Bureau ... Chopra has already packed up his office a few blocks from the White House. His picture no longer hangs in the lobby.