Not everyone in the Trump orbit is apparently happy with Elon Musk‘s Department of Government Efficiency (DOGE) method of picking apart the Consumer Financial Protection Bureau (CFPB).
Winston & Strawn attorneys lay out how the CFPB is helping states prepare to protect consumers as the agency loses its power.
The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...
But much of the ire is aimed at Russ Vought, the Office of Management and Budget director and the acting CFPB director. Predictably, a federal employees union quickly sued to stop the Trump ...
In the waning months of the Biden administration, the Consumer Financial Protection Bureau, or CFPB, released a flurry of new consumer protection rules, targeting everything from bank overdraft ...
In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial Protection Board (CFPB), and installed Treasury Secretary Scott Bessent as ...
WASHINGTON — The nearly 1,700 employees of the Consumer Financial Protection Bureau (CFPB) were told Monday not to come to the office or do any work — as the agency became the latest target of ...
The CFPB's direction shifted under President Trump, with Jonathan McKernan and Russell Vought appointed to leadership roles, leading to a freeze in its operations. Vought's directives halted rule ...
Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace. Many, or all, of the products featured on this page are from our advertising partners who ...
Zuckerberg said the CFPB was “looking into us” even though “we’re not a bank.” He speculated that the CFPB’s inquiries were part of a Biden administration attempt to jawbone Meta into ...
The consumer watchdog agency began layoffs on Thursday. Government lawyers representing the acting director of the Consumer Finance Protection Bureau reached an agreement during a court conference ...
On February 7, 2025, President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB). Shortly after, Vought announced that he had notified the Federal ...