Sens. Katie Britt and John Boozman introduced the PROTECTED Act, legislation drafted to protect small financial institutions ...

New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...

The U.S. Senate's nonpartisan referee has allowed Republicans to proceed with a measure to slash funding for the government's top watchdog agency for consumer finance by almost half, a week after ...

Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts The Consumer Financial Protection Bureau was created to police potential bad actors in the financial services ...

If adopted, the measure could add to Republican efforts this year to cut the Consumer Financial Protection Bureau's workforce and substantially limit its powers. Republican Tim Scott, chair of the ...

If adopted, the measure could add to Republican efforts this year to cut the Consumer Financial Protection Bureau's workforce and substantially limit its powers. Republican Tim Scott, chair of the ...

CFPB acting enforcement director Cara Petersen has resigned, criticizing the Trump administration for making it increasingly difficult to perform the agency’s tasks, Reuters reports.

Acting CFPB Enforcement Director Cara Petersen told staff she could no longer stay under an administration that “has no intention to enforce the law in any meaningful way.” ...

Cara Petersen, the Consumer Financial Protection Bureau’s acting enforcement director, resigned from the agency on Tuesday. In an email to colleagues announcing her decision, Petersen slammed ...

Cara Petersen, the acting CFPB enforcement director, has resigned, citing a lack of intention to “enforce the law in any meaningful way.” ...

In its motion for a summary judgment in a lawsuit challenging the regulation, the CFPB stated it has concluded that the Section 1033 Rule (Rule) exceeds the agency’s statutory authority to ...