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CFPB, Elon Musk and Trump administration

NBC News on MSN · 22h

Trump administration and Musk's DOGE plan to fire nearly all CFPB staff and wind down agency, employees say

In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they attended this month.

Cryptopolitan on MSN · 19h

Employee testimony hints at potential CFPB 1700 layoffs by Trump’s administration and Musk’s DOGE

Federal employees from the Consumer Financial Protection Bureau (CFPB) have raised concerns that the bureau’s Trump-appointed leadership and Elon Musk’s Department of Government Efficiency (DOGE) intend to execute massive layoffs.

The Hill · 20h

CFPB employees say Trump administration plans to ‘wind down’ agency

Several employees at the Consumer Financial Protection Bureau (CFPB) said in a series of court filings Thursday that the Trump administration plans to “wind down” the agency, appearing to directly

CFPB Drops Lawsuits Against Capital 1 and Others

Hosted on MSN · 18h

US CFPB drops enforcement action against TransUnion

The U.S. Consumer Financial Protection Bureau on Friday dropped an enforcement action against the consumer credit bureau TransUnion, adding to the embattled agency's mass dismissal of cases against financial companies accused of cheating consumers.

The Associated Press on MSN · 21h

The CFPB drops its enforcement lawsuits against Capital One, Rocket Homes and more

In notices of voluntary dismissals filed on Thursday, the CFPB dropped lawsuits it had brought against Capital One, Rocket Homes, Vanderbilt Mortgage and Finance, owned by Warren Buffett’s Berkshire Hathaway, and others.

Boise State Public Radio · 1d

The CFPB drops its lawsuit against Capital One, marking a major reversal

The Consumer Financial Protection Bureau on Thursday dropped five major legal cases it had underway — including a big lawsuit against Capital One — marking a major reversal for an agency that had pursued aggressive action against financial institutions accused of wrongdoing during the Biden administration.

15h

Why this fired CFPB employee worries for consumers if agency shuttered

Nick Hand, who is among dozens of fired CFPB workers, worries that if it stays that way, scammers and price gougers will gain ...

1don MSN

Consumers need the CFPB. Remember the Great Recession?

The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.

22h

CFPB Data Imperiled by Cybersecurity Contract Cancellation, Ex-Official Says

The cancellation of nearly three-dozen cybersecurity contracts at the US Consumer Financial Protection Bureau endangers the ...

2don MSN

What is the CFPB and how does it protect consumers?

Established in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) is a government agency ...

nationalmortgageprofessional.com21h

CFPB Director Nominee McKernan Probed At Senate Hearing

What’s to become of the Consumer Financial Protection Bureau (CFPB), and how will the Federal Housing Finance Agency (FHFA) ...

20hon MSN

200-plus Democratic lawmakers backing lawsuit seeking to block CFPB dismantling

More than 200 Democratic lawmakers in the House are submitting an amicus brief to back a lawsuit that aims to prevent the ...

5don MSN

Why the Consumer Financial Protection Bureau is being targeted by Trump, DOGE

The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious." ...

4d

NY joins over 20 other states to argue against shuttering CFPB

"Working families need the CFPB, especially as rising prices are making it hard to make ends meet and put food on the table." ...

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