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.
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 moves to shut down Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is likely the next federal agency on the chopping block as President Donald Trump and Elon Musk continue the DOGE agenda to shrink the size of the federal government.
Secrecy preceded the shutdown of the consumer protection agency’s Washington headquarters
President Donald Trump’s budget chief has sent an email to consumer protection agency employees telling them to stop working.
Union Sues Trump For Trying To Shut Down Consumer Financial Protection Bureau
The National Treasury Employees Union says the president is violating the constitutional separation of powers.
Consumer Financial Protection Bureau halts activity | What this means for you
Concern is mounting as a federal agency dedicated to protecting consumers remains shut down. The abrupt week-long closure comes after the acting director appointed by President Donald Trump ordered employees to stop nearly all of their work.
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.
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.
What is the Consumer Financial Protection Bureau, and why is it a Trump target?
The Consumer Financial Protection Bureau was established to root out corporate wrongdoing after the 2008 crash. The Trump administration has moved to weaken it.
Inside Trump and Musk’s War on the Consumer Financial Protection Bureau
The new boss at the Consumer Financial Protection Bureau had a jarring message for staffers Monday morning, in an internal memo leaked to Rolling Stone: “Stand down from performing any work task.” The message came from Russell Vought — a Project 2025 architect who was confirmed by the Senate last week to lead the Office of Management and Budget in the Trump White House.
Fed's Powell: No Agency Other Than CFPB Tasked With Consumer Protection Enforcement
No U.S. regulator other than the Consumer Financial Protection Bureau is tasked with ensuring that banks abide by rules guarding against deceptive practices regarding consumers, the head of the Federal Reserve said on Tuesday as he was pressed by a senior Democratic senator to ensure the CFPB remains funded.
Trump has subdued the Consumer Financial Protection Bureau. So what does this agency do?
President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.
Top consumer bureau officials depart after Trump admin halts work
Two top officials at the Consumer Financial Protection Bureau (CFPB) left the agency Tuesday and its No. 2 was placed on ...
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What's at stake in DOGE's CFPB shutdown
The DOGE effort to effectively shut down the Consumer Financial Protection Bureau gets conservatives as close they've ever ...
Federal employees union files lawsuits over CFPB shutdown and DOGE access
A union representing employees across dozens of federal agencies filed two lawsuits on Sunday against the acting director of ...
Shutting down CFPB ‘begging for another financial crisis’: Former director
Rohit Chopra, the former director of the Consumer Financial Protection Bureau (CFPB), argued Monday that shutting down the ...
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CFPB Shut Down as Trump-Appointed Chief Halts Operations, Raising Alarms
The U.S. Consumer Financial Protection Bureau (CFPB) has been effectively shut down after Russell Vought, President Donald ...
US consumer watchdog's enforcement, supervision heads announce resignation
The top officials for enforcement and supervision at the embattled U.S. Consumer Financial Protection Bureau tendered their ...