News

Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers ...
Trump’s new tax law imposes steep cuts on the CFPB, threatening its capacity to enforce consumer protections and oversee financial institutions.
Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...
The Senate passed President Trump's tax and spending bill Tuesday, but questions around Consumer Financial Protection Bureau funding, 1071 delay and remittance taxes remain as GOP leaders scramble to ...
Senate Republicans move to slash CFPB funding by half, risking hundreds of job cuts The Consumer Financial Protection Bureau was created to police potential bad actors in the financial services ...
The Federal Reserve watchdog is reportedly taking a closer look at efforts to dismiss staff and cancel contracts at the CFPB.
Cara Petersen, the Consumer Financial Protection Bureau’s acting enforcement director, resigned from the agency on Tuesday. In an email to colleagues announcing her decision, Petersen slammed ...
CFPB acting enforcement director Cara Petersen has resigned, criticizing the Trump administration for making it increasingly difficult to perform the agency’s tasks, Reuters reports.
Acting CFPB Enforcement Director Cara Petersen told staff she could no longer stay under an administration that “has no intention to enforce the law in any meaningful way.” ...
The top remaining enforcement official at the U.S. Consumer Financial Protection Bureau has tendered her resignation, saying the White House's overhaul of the agency had made her position ...
Consumer advocates slam the CFPB for dropping 21 enforcement actions and planning to repeal the Open Banking Rule, raising concerns over transparency.
The Consumer Financial Protection Bureau (CFPB) is withdrawing a Biden-era proposal that sought to rein in the sale of Americans’ personal information by data brokers. In a federal regis… ...