Here’s what the agency has been doing for U.S. consumers since it was created in 2011—and what could change if the current administration continues to scale back its budget, staff, and mission By ...
March 19 (UPI) --The Trump administration is well on its way to abolishing the Consumer Financial Protection Bureau while state officials and other organizations are preparing for what comes next.
Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could ...
Office of Management and Budget Director and acting Consumer Financial Protection Bureau Director Russell Vought has sought to eliminate some 90% of the Consumer Financial Protection Bureau's staff.
About 1,500 employees were set to be jettisoned at the bureau. A federal judge in Washington, D.C., has ordered an immediate halt to the planned firings of nearly 1,500 employees at the Consumer ...
Mr. Halperin was the director of enforcement at the Consumer Financial Protection Bureau from 2021 to 2025. The Consumer Financial Protection Bureau is turning into the Corporate Financial Protection ...
If Mr. Trump pursues legislative action to lower credit card fees, Senators Bernie Sanders of Vermont and Josh Hawley, ...
Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...