Turning off 'spigot': White House declines more funding for Consumer Finance Protection Bureau
A White House official said Saturday he would decline more funding for the Consumer Finance Protection Bureau, signaling a possible end to the agency.
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.
Consumer Financial Protection Bureau to shutter for a week
The closure of the CFPB, established after the 2008 financial crisis, follows a visit Friday by members of Elon Musk’s U.S. DOGE Service team.
Project 2025 co-author shuts down operations at consumer protection agency
If you have a bank account, or a credit card, or a mortgage, or a student loan, this is a code red," Elizabeth Warren said. "I am ringing the alarm bell."
Russ Vought orders Consumer Financial Protection Bureau to stop work
The development came after Elon Musk's Department of Government Efficiency, or DOGE, gained access to the CFPB and began a thorough review.
Trump fires the director of the Consumer Financial Protection Bureau
President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover.
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.
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
Trump administration orders consumer protection agency to stop work, closes building
The order follows similar efforts by the White House to dismantle the U.S. Agency for International Development.
Trump administration halts work at fraud-fighting Consumer Financial Protection Bureau
"Effective immediately, unless expressly approved by the Acting Director or required by law, all employees, contractors and other personnel of the bureau shall … cease all supervision and examination activity.
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 protection under threat? White House moves to defund, disband CFPB
The salvo came hours after Russell Vought, the White House budget chief appointed acting CFPB director by President Trump, ...
Trump's White House Is Disabling the CFPB. What to Know—and What's Next
Here's what you need to know about the Consumer Financial Protection Bureau with its future uncertain in the second Trump administration.
US Consumer Bureau Upheaval Leaves Consumers Adrift, Experts Say
The U.S. Consumer Financial Protection Bureau was defanged over the weekend by Trump administration appointees, after Russell ...
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...
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Hundreds protest as Trump’s appointee tells consumer watchdog staff to stop work
Acting director Vought tells CFPB staff to halt work Musk’s department gains access to CFPB systems, halts oversight White ...