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The Latest Breaking News from CFPB

Elon Musk’s conflicts of interest ‘should scare every American’, experts say

Doge’s work allows Musk to keep control of companies with billions in federal contracts as he guts government agencies

The Guardian - US

US economy ‘less safe’, experts say, as Trump hobbles consumer watchdog

Former officials say Americans more likely to be ripped off and scammed as CFPB targeted by Musk ‘efficency’ blitz

The Guardian - US

Judge Ho's Decision To Appoint Paul Clement In United States v. Adams (Updated)

This decision may not pan out for the court.

Reason

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Americans now view Elon Musk and DOGE far less favorably than the programs DOGE is slashing, poll shows

In court, the administration says Musk isn’t in charge. Donald Trump just said the opposite.

Fortune

How To Recover From Debanking

Thousands of people have lost their bank accounts over "suspicious" activity. Here's what to do if it happens to you.

Reason

How the CFPB's Medical Debt Rule Could Backfire

Scrubbing credit reports won’t erase debt—it will just make borrowing harder for low-income Americans.

Reason

Trump Has Good Reason To Complain About Limits on His Ability To Fire Executive Officers

His position is grounded in concerns about the separation of powers that presidents of both major parties have raised for many years.

Reason

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Former CFPB Attorney Terminated Amid Concerns Over Medical Treatment

Former CFPB attorney Katherine Royce expresses worries about her medical treatment and the agency's mission post-termination.

Top News

There are many ways Trump could trigger a global collapse. Here’s how to survive if that happens

It could be wildfires, a pandemic or a financial crisis. The super-rich will flee to their bunkers – the rest of us will have to fend for ourselves, writes columnist George Monbiot

The Guardian - UK

Federal Worker Fired Under DOGE Purge: 'We're Under Attack by Billionaires'

In a sweeping wave of layoffs, thousands of federal workers, including employees at the Consumer Financial Protection Bureau (CFPB), Department of Education and Department of Veterans Affairs, have been abruptly terminated.

Latin Times

Consumer watchdog agency called ‘vicious’ by Trump seen as a ‘hero’ to many it aided

The Consumer Financial Protection Bureau is in the crosshairs of a White House that has halted its work, closed its headquarters and fired dozens of its workers

The Independent UK

Trump Administration Agrees To Halt Mass Firings At CFPB

Trump administration agrees to halt mass firings at CFPB following court challenge. Concerns raised over downsizing impact and data preservation.

Top News

The 5 Worst Things About the Consumer Financial Protection Bureau

The agency—an unelected regulator with a blank check—has spent much of its short life making things harder for the consumers it set out to protect.

Reason

Former CFPB Official Warns Of Imminent Data Destruction Risk

Former CFPB official raises concerns over potential destruction of critical records, impacting consumer protection and financial stability.

Top News

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Top News

Dozens Of CFPB Employees Terminated In Federal Workforce Reduction

Recent terminations at CFPB part of Trump administration's federal workforce reduction efforts, sparking debates and concerns.

Reason

Elizabeth Warren's Hubris Allowed Trump To Defund the CFPB

Instead of isolating the CFPB from Congress' budget-making authority, Warren and former President Barack Obama made it easier for a president to effectively shut it down.

Fortune

DOGE is shuttering a consumer watchdog, which may clear the way for Musk's X payments platform plans, think-tank boss says

Elon Musk's DOGE wants to "delete" an agency that could have directly regulated one of his businesses.

International Business Times

Trump's Halt On CFPB Raises Big Concerns: Will Key Consumer Protections Survive?

Founded in 2011 after the 2008 financial crisis, the CFPB is tasked with regulating consumer finance, including overseeing credit card companies, mortgage lenders, and debt collectors.

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The Independent UK

If your bank rips you off, the Consumer Financial Protection Bureau gets your money back. Elon Musk is killing it

The CFPB has returned more than $17 billion to Americans — and dozens of its workers were laid off on Tuesday night

The Independent UK

How Elon Musk could benefit from destroying the Consumer Financial Protection Bureau

‘This is like a bank robber trying to fire the cops and turn off the alarms before he strolls in the lobby,’ Elizabeth Warren says

Kiplinger

Trump Wants to Shut Down the CFPB: Why Retirees Should Care

The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly fourteen years ago.

Roll Call

Trump's choice to lead CFPB, McKernan, left FDIC Monday - Roll Call

President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the agency.

The Independent UK

What does having the Consumer Financial Protection Bureau on hold mean for consumers?

The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump administration

Top News

Dozens Of CFPB Probationary Employees Terminated Amid Agency Paralysis

CFPB faces turmoil as probationary employees terminated, operations halted, and resignations occur.

Salon

How Musk uses sexism to scam MAGA men

How to sell MAGA men a pro-scam agenda? Tell them a woman founded the Consumer Financial Protection Bureau

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