Trump Gives Budget Director More Time To Eliminate CFPB
From today’s Reuters: The White House has nominated a director to lead the Consumer Financial Protection Bureau, a legal maneuver that buys Acting Director Russell Vought more time to close…
Trump’s Cuts To Consumer Protection Have Cost Americans $18 Billion
From today’s Honolulu Star-Advertiser: President Donald Trump’s rapid pullback of the Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers…
Trump Is Turning CFPB Against Consumer Rights
From today’s New York Times: The Consumer Financial Protection Bureau is turning into the Corporate Financial Protection Bureau. President Trump’s C.F.P.B. has not only ceased to pursue its mandate; it…
Left for Dead, the C.F.P.B. Inches Back to Life
From today’s New York Times: At the headquarters of the Consumer Financial Protection Bureau, faint shadows above the entrance are all that remain of the letters that once spelled the…
With Mass Layoffs Expected, Judge May Block Dismantling of Consumer Watchdog Agency
From today’s ABC News: After the Consumer Finance Protection Bureau (CFPB) fired its probationary workers as part of the Trump administration’s government-wide layoffs Thursday, the agency moved on to fire…
Consumer Protection Agency Finalizes Rule Limiting Overdraft Fees
From today’s Washington Post: The Consumer Financial Protection Bureau announced Thursday that it has finalized new rules limiting the fees that banks can charge when customers overdraw their accounts. In…
Trump May Dismantle Guardrails Protecting Americans’ Finances, Consumer Groups Warn
From today’s NBS News: Consumer advocates say they’re preparing for sweeping changes at one of Washington’s newest financial watchdogs under President-elect Donald Trump, whose allies have promised broad deregulation of…
CFPB Increases Consumer Protections for ‘Buy Now, Pay Later’ Schemes
From today’s NBC7 San Diego: You’ve probably noticed a new way to pay when shopping online over the past few years. It’s known as “buy now, pay later,” or BNPL.…
SCOTUS Rules CFPB Funding Constitutional
From today’s NPR News: The Supreme Court on Thursday rejected a challenge to the constitutionality of the structure used to fund the Consumer Financial Protection Bureau, the federal agency tasked…
SCOTUS Skeptical of Constitutional Challenge to CFPB
From today’s NPR News: n a major Supreme Court case involving the structure of government, a majority of justices seem inclined to uphold the way the Consumer Financial Protection Bureau…