Ted Cruz Leads Republican Charge to Defund Consumer-Protection Agency
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
It's Time To Shutter The Consumer Financial Protection Bureau
Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial marketplace.
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White House defends inspectors general firings by citing Supreme Court ruling
White House Press Secretary Karoline Leavitt on Tuesday defended President Trump's firings of at least a dozen agency inspectors general, saying Supreme Court precedent allows him the broad power to fire federal employees.
The head of a federal agency for consumers has packed up his office. But will Trump fire him?
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he’s getting fired.
Cruz to revive push to abolish government consumer protection agency
Senate Republicans backed a Wednesday effort from Texas GOP Sen. Ted Cruz to defund the Consumer Financial Protection Bureau (CFPB). Cruz has unsuccessfully tried to disassemble the agency in the past and is now working to reduce the amount of funding it receives from the Federal Reserve to zero.
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Ousting the CFPB’s Chopra wasn’t a ‘day one’ priority
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t going to be quick, analysts say.
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How to Submit a Complaint to the CFPB
Consumer Financial Protection Bureau. "You Can Submit a Payday Loan Complaint." The White House. “FACT SHEET: Biden-⁠Harris Administration Advances Equity and Opportunity for Asian American ...
Trump's second term could mean the downfall of the FDIC, CFPB: Here's what that means for consumers
Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.
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Rohit Chopra remains CFPB director for now as Trump’s moves are uncertain
Thursday was the third full day of the new Trump administration and the CFPB still has a director that was confirmed under President Joe Biden.
America's top consumer watchdog faces uncertain future as some Trump allies call to 'delete' the CFPB
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency to be more restrained.
Live updates: White House rescinds funding freeze, RFK Jr. faces tough questions
President Trump’s executive actions, including a freeze on federal grants and a buyout offer to federal employees, have drawn criticism from Democrats and some Republicans, while his pick
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CFPB Reboots Policy Statements for No-Action Letters and Compliance Assistance Sandbox Approvals Days Before Administration Change
On January 10, 2025, the Consumer Financial Protection Bureau (CFPB) revived its policy statements on No-Action Letters (NALs) and