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The Consumer Financial Protection Bureau Is Being Told to Stop Its Work. 5 Ways That Could Impact Consumers Like You.
In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from unfair lending practices, and much more. Here’s what might happen
Consumer Financial Protection Bureau shakeup leaves medical debt reform in limbo
The fate of a Biden-era rule that would keep medical debt from consumers’ credit reports is up in the air amid reported stoppages within the Consumer Financial Protection Bureau (CFPB) and the new | A rule barring medical debt from credit reports was set to go into effect in March,
Consumer Financial Protection Bureau Ordered To Stop Work After Trump Says Treasury’s Bessent Now In Charge
The Consumer Financial Protection Bureau was told to cease operations on Monday shortly after President Donald Trump appointed Treasury Director Scott Bessent to serve as the watchdog agency’s acting director—appeasing Republicans, and tech executives, who have criticized regulations at the agency implemented under the Biden administration.
The Consumer Financial Protection Bureau Harms Those Whom It Claims to Protect
If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer Financial Protection Bureau.
Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
Treasury Secretary Scott Bessent to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the Consumer Financial Protection Bureau after firing Rohit Chopa on Saturday.
Trump appoints the Treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau.
Trump’s Billionaire Buddy Halts Work at Federal Consumer Protection Agency
President Donald Trump’s Treasury Secretary Scott Bessent has been tapped to direct the Consumer Financial Protection Bureau on an acting basis. In a staff email obtained by The Washington Post, Bessent and his aides reportedly instructed employees to immediately stop the bureau’s current work including drafting regulations,
Bessent, as acting consumer bureau chief, pauses all rules and lawsuits
CFPB staff was told to refrain from issuing public communications, halt activities including rules and settlements and participation in litigation proceedings.
Breaking: Treasury Secretary Bessent Heads Consumer Financial Protection Bureau, Immediately Orders Freeze of CFPB Activities
On Saturday, February 1, 2025, it was announced that President Donald Trump had removed Rohit Chopra as director of the Consumer Financial Protection Bureau (CFPB). In a statement from the CFPB on February 3,
7h
CFPB's General Counsel Who Pushed Muscular Agency Set to Depart
Seth Frotman, the top lawyer at the Consumer Financial Protection Bureau, is set to depart after leading the agency through a ...
HousingWire
11h
Elizabeth Warren urges White House to ‘unfreeze’ CFPB
Sen. Warren is urging the acting CFPB director to "unfreeze" the agency, appealing to potentially common ground with ...
JD Supra
1d
CFPB Director Chopra Replaced—Replacement Immediately Stops Work on All CFPB Initiatives, Including Oral Argument Scheduled for the Same Morning
President Donald Trump terminated Rohit Chopra’s tenure as the Director of the Consumer Financial Protection Bureau (CFPB).
11h
CFPB Ordered to State Position on Consolidating Capital One Case
The Consumer Financial Protection Bureau will have to declare whether its lawsuit over Capital One Financial Corp.’s savings ...
1d
on MSN
Elizabeth Warren Urges Trump to Support CFPB Efforts to Fight Debanking
Democratic Senator Elizabeth Warren urged President Donald Trump to work with regulators to stop what she called unjustified ...
JD Supra
2d
CFPB Updates List of Consumer Reporting Companies for 2025
On January 30, the Consumer Financial Protection Bureau (CFPB or Bureau) released its updated list of consumer reporting companies for 2025. The ...
3d
Trump's consumer watchdog freezes CFPB activity on first day of job
U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance ...
1d
on MSN
The Trump-Musk Presidency is killing the CFPB
Just as Elon Musk's X pushes into financial services, the agency responsible for protecting citizens from such companies is ...
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