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WASHINGTON — The nearly 1,700 employees of the Consumer Financial Protection Bureau (CFPB) were told Monday not to come to the office or do any work — as the agency became the latest target of ...
The ousters began at CFPB after Elon Musk’s Department of Government Efficiency initiative last week began that process of firing nearly all of USAID’s 10,000 employees — arguing that agency ...
Two top officials at the Consumer Financial Protection Bureau (CFPB) left the agency Tuesday and its No. 2 was placed on leave after the financial watchdog’s acting director ordered staff to ...
(Reuters) -President Donald Trump's newly installed chief of the U.S. Consumer Financial Protection Bureau told all of the agency's staff on Monday to stay away from the office and do no work ...
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 ...
The CFPB, which Congress created in the wake of the 2008 financial crash, supervises consumer-facing financial companies like banks, title lenders, mortgage originators and cash transfer services ...
Congress created the CFPB in 2010 after the global financial crisis. The bureau was charged with policing and regulating the consumer finance sector, which originated the toxic financial products ...
The CFPB rule on overdraft fees, which would cap them at $5 — a substantial savings from the $35 that customers are typically charged — was finalized at the end of last year but is likely to ...