Browsing: CFPB
What’s at Stake: The CFPB’s top managers want to fire 90% of the staff, which would both dramatically reduce the…
Russell Vought, director of the Office of Management and Budget and acting director of the Consumer Financial Protection Bureau.Bloomberg News…
Processing ContentKey Insight: The high-stakes case revolves around the actions of Russell Vought and President Trump’s publicly stated goal to…
What’s at stake: Consumer advocates and some corporate debt collectors fear that possible changes to the consumer complaint portal —…
Key insight: The CFPB’s leadership cited ongoing litigation as the reason for not cooperating with the Government Accountability Office. Supporting data:…
The U.S. Consumer Financial Protection Bureau headquarters in Washington, Feb. 2, 2025.Bloomberg | Bloomberg | Getty ImagesFederal student loan borrowers…
Key insight: The three credit bureaus — Equifax, Experian and TransUnion — say the complaint portal is being abused by third-party…
U.S. Senator Elizabeth Warren (D-MA) and Director of the United States Office of Management and Budget, Russell Vought.Kevin Mohatt |…
Key Insight: The Consumer Financial Protection Bureau and other federal regulators are retreating from enforcement and supervision, creating a void…
Processing ContentKey Insight: The CFPB and DOJ said they withdrew the 2023 guidance to correct the misimpression that ECOA imposed…