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A security officer works inside of the Consumer Financial Protection Bureau (CFPB) building headquarters Monday, Feb. 10, 2025, in Washington.
At a JPMorgan townhall meeting on Wednesday, CEO Jamie Dimon was asked whether the Trump administration's decision to abruptly stop work at the Consumer Financial Protection Bureau (CFPB) and ...
The CFPB first began operating in 2011 as an independent government agency responsible for consumer protection in the financial sector. It was created under the Dodd-Frank Wall Street Reform and ...
CFPB was created in 2010, under President Barack Obama and at the urging of Sen. Elizabeth Warren (D-Mass.), with the mandate to crack down on risky lending that helped trigger the Great Recession.
As the Trump administration prepared to take power in Washington, D.C., the Consumer Financial Protection Bureau (CFPB) wasted no time. In the two months leading up to the inauguration, the bureau ...
A security officer works inside of the Consumer Financial Protection Bureau (CFPB) building headquarters Monday, Feb. 10, 2025, in Washington. (AP Photo/Jacquelyn Martin) (ASSOCIATED PRESS)
The CFPB's work spans the various ways consumers use financial products and services. Among other things, the agency proposes rules, like recent ones reining in excessive credit card and overdraft ...
(Reuters) - U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance watchdog, has halted virtually all pending activities at the U.S ...