Democrats vow to fight shutdown of consumer watchdog agency
A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of Management and Budget, and Treasury Secretary Scott Bessent, calling on them to reverse course on actions targeting the nation's consumer financial watchdog agency.
White House Orders Consumer Protection Agency Shutdown
The Trump administration orders a shutdown of the Consumer Financial Protection Bureau, halting inquiries and new rules.
Secrecy preceded the shutdown of the consumer protection agency’s Washington headquarters
President Donald Trump’s budget chief has sent an email to consumer protection agency employees telling them to stop working.
Union Sues Trump For Trying To Shut Down Consumer Financial Protection Bureau
The National Treasury Employees Union says the president is violating the constitutional separation of powers.
Consumer Financial Protection Bureau halts activity | What this means for you
Concern is mounting as a federal agency dedicated to protecting consumers remains shut down. The abrupt week-long closure comes after the acting director appointed by President Donald Trump ordered employees to stop nearly all of their work.
Trump administration orders consumer protection agency to stop work, closes building
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.
What is the Consumer Financial Protection Bureau, and why is it a Trump target?
The Consumer Financial Protection Bureau was established to root out corporate wrongdoing after the 2008 crash. The Trump administration has moved to weaken it.
Inside Trump and Musk’s War on the Consumer Financial Protection Bureau
The new boss at the Consumer Financial Protection Bureau had a jarring message for staffers Monday morning, in an internal memo leaked to Rolling Stone: “Stand down from performing any work task.” The message came from Russell Vought — a Project 2025 architect who was confirmed by the Senate last week to lead the Office of Management and Budget in the Trump White House.
Is Trump hurting or helping Americans by freezing Consumer Financial Protection Bureau?
The Trump administration's got its eyes on the Consumer Financial Protection Bureau. What's at stake for Americans? Experts weigh in.
US Consumer Watchdog Cases in Limbo Following Agency's Idling
The Trump administration's idling of the Consumer Financial Protection Bureau (CFPB) left in limbo significant cases the agency brought against companies and large financial firms in the waning days of President Joe Biden's time in office.
Trump official orders consumer protection agency to stop work
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime
Federal employees union files lawsuits over CFPB shutdown and DOGE access
A union representing employees across dozens of federal agencies filed two lawsuits on Sunday against the acting director of ...
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CFPB shutdown raises questions for consumer oversight
A stop-work order from the Consumer Financial Protection Bureau's newly appointed acting director Russell Vought has created uncertainty about the future of consumer-oriented enforcement activity.
Powell says bank accounts ‘safe’ despite teardown of consumer protection agency
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.
Shutting down CFPB ‘begging for another financial crisis’: Former director
Rohit Chopra, the former director of the Consumer Financial Protection Bureau (CFPB), argued Monday that shutting down the ...
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CFPB Shut Down as Trump-Appointed Chief Halts Operations, Raising Alarms
The U.S. Consumer Financial Protection Bureau (CFPB) has been effectively shut down after Russell Vought, President Donald ...