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CFPB, DOGE and Elon Musk

Trump administration, Musk's DOGE plan to fire nearly all CFPB staff and wind down agency, employees say

In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they attended this month.

CNBC on MSN · 6h

CFPB leaders and Musk's DOGE plan to fire nearly all staff and wind down agency, employees say

Employees testified that CFPB leaders and Elon Musk’s DOGE want to wind down the agency to five employees, the minimum required under law.

The Verge on MSN · 2h

DOGE wants to lay off the ‘vast majority’ of CFPB workers, employees say

Seven current and five former CFPB employees submitted the declarations as part of the National Treasury Employees Union case against Office of Management and Budget director Russ

US CFPB drops enforcement action against Capital 1

Reuters on MSN · 3h

US CFPB drops enforcement action against Trans Union

The U.S. Consumer Financial Protection Bureau on Friday dropped an enforcement action against the consumer credit bureau Trans Union, adding to the embattled agency's mass dismissal of cases against financial companies accused of cheating consumers.

The Associated Press on MSN · 21h

The CFPB drops its enforcement lawsuits against Capital One, Rocket Homes and more

The Consumer Finance Protection Bureau has dropped several enforcement actions against companies like Capital One and Rocket Homes, just weeks under new leadership and turmoil at the agency caused by orders from Trump administration.

NBC News on MSN · 1d

CFPB moves to drop suit accusing Capital One of cheating customers out of $2 billion

The Consumer Financial Protection Bureau is moving to drop a suit against Capital One brought during the Biden administration just last month that accused the bank of cheating customers out of a collective $2 billion.

CFPB role is unclear

Axios on MSN · 9h

CFPB role is unclear as Trump guts the agency

While President's Trump nominee for Consumer Financial Protection Bureau director, Jonathan McKernan, was earnestly taking questions from senators about the job on Thursday, the agency made some other news.

Investopedia on MSN · 21h

Trump's Nominee For CFPB Head Says Gutted Agency Will Continue To Work

Key Takeaways Jonathan McKernan, President Donald Trump's nominee to lead the Consumer Financial Protection Bureau, said the agency would continue to perform its legally mandated duties.The Trump administration has all but shut down the CFPB in recent days,

AOL · 1d

Trump’s pick to run CFPB tells lawmakers 'I will follow the law' at embattled agency

President Donald Trump’s nominee to be director of CFPB said he would 'follow the law' when pressed by Democratic senators during his confirmation hearing Thursday about the future of the embattled agency.

These Five Young Consumer Financial Protection Bureau Staffers Are Fighting For Their Jobs After DOGE Firings

Five young Consumer Financial Protection Bureau staffers speak up about watching the jobs they care about be unceremoniously ...

9hon MSN

Consumers need the CFPB. Remember the Great Recession?

The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.

CFPB Data Imperiled by Cybersecurity Contract Cancellation, Ex-Official Says

The cancellation of nearly three-dozen cybersecurity contracts at the US Consumer Financial Protection Bureau endangers the ...

3hon MSN

200+ Democratic lawmakers backing lawsuit seeking to block CFPB dismantling

More than 200 Democratic lawmakers in the House are submitting an amicus brief to back a lawsuit that aims to prevent the ...

2don MSN

Thousands of consumer complaints unanswered after Trump CFPB purge, Dems say

Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from ...

ConsumerAffairs1h

Lawmakers move to overturn CFPB’s overdraft rule

Republican lawmakers have introduced resolutions to nullify the Consumer Financial Protection Bureau (CFPB)’s overdraft rule, ...

6hon MSN

CFPB’s signage came down last week, but its logo visualizes transparency

Ideo originally branded the agency to communicate its transparency. Now it’s facing an attempted takedown. It’s lights out ...

NY joins over 20 other states to argue against shuttering CFPB

"Working families need the CFPB, especially as rising prices are making it hard to make ends meet and put food on the table." ...

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CFPB, DOGE and Elon Musk

US CFPB drops enforcement action against Capital 1

CFPB role is unclear

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