The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
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.
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 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.
Trump's firings of the Senate-confirmed inspectors general included officials at Defense, State, Transportation, Labor, Health and Human Services, and EPA among others.
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.
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 ...
That's the Consumer Financial Protection Bureau (CFPB), an institution so misguided in both mission and execution that it does not deserve mere reform—it should be abolished outright.
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.
On Thursday, State Rep. Brent Money (HD-2) filed House Bill 2197 meant to provide equal protection under the law to pre-born babies in Texas. More than a dozen House colleagues co-authored the bill within the first hour of filing.
The prospect of legal challenges to President Trump’s purges may be a feature, not a bug, for adherents of sweeping presidential authority.
The Constitution, federal law and court decisions make it clear: President Donald Trump's order to pause federal funding is against the law, legal experts tell ABC News.