The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
Senate Republicans backed a Wednesday effort from Texas GOP Sen. Ted Cruz to defund the Consumer Financial Protection Bureau (CFPB). Cruz has unsuccessfully tried to disassemble the agency in the
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.
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.
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.
Trump's firings of the Senate-confirmed inspectors general included officials at Defense, State, Transportation, Labor, Health and Human Services, and EPA among others.
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 ...
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.
The Constitution, federal law and court decisions make it clear: President Donald Trump's order to pause federal funding is against the law, legal experts tell ABC News.
President Trump’s suggestion that California should receive disaster aid with conditions attached has sparked debate, with some arguing that the federal government should not provide relief
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency to be more restrained.
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.