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The Consumer Financial Protection Bureau (CFPB) on Thursday moved forward with sweeping layoffs at the agency as the Trump administration looks to remake the consumer enforcement agency.
In a major change for the public, the CFPB will no longer publicly disclose consumer complaint narratives or certain credit card complaint data, eliminating key information in the bureau's consumer ...
The CFPB under the leadership of Russell Vought has dropped several high profile pieces of litigation against financial firms. WASHINGTON — The CFPB has dismissed its case against Reliant Holdings and ...
More than 1,400 Consumer Financial Protection Bureau (CFPB) workers were terminated from their positions on Thursday, sources told WIRED. There were around 1,700 employees in total at the CFPB.
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Consumer Financial Protection Bureau, the U.S ...
More than 1,500 staffers at the CFPB are expected to be hit by the reduction-in-force effort, which kicked off Thursday, said the person, who was granted anonymity to speak freely about a ...
Jonathan McKernan has become a White House favorite for financial regulatory positions. The Senate has yet to act on McKernan’s nomination to become director of the Consumer Financial Protection ...
A federal judge on Friday temporarily blocked the Trump administration’s most recent attempt to dismantle the Consumer Financial Protection Bureau after the agency’s leadership moved to fire ...
Mortgage lenders shouldn’t interpret the downsizing of the Consumer Financial Protection Bureau (CFPB) as a green light to ease compliance, despite potential mass layoffs and a shift in ...
More than 1,400 Consumer Financial Protection Bureau (CFPB) workers were terminated from their positions on Thursday amid a broader Trump administration shakeup at the independent government ...
Announced Tuesday, the change reverses a CFPB position from a year ago that maintains buy now, pay later users have the same protections as credit card users under the Truth in Lending Act. And, the ...
A federal judge temporarily barred the Trump administration from laying off roughly 90 percent of the Consumer Financial Protection Bureau (CFPB) as she mulls whether it violates her previous order.