New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the ...

States have passed new laws and hired ex-bureau staff, but some suggest the shift is more evolutionary than revolutionary.

The CFPB isn't just unaccountable—it's practically untouchable. Because it receives its funding directly from the Federal Reserve rather than from Congress, it operates outside the normal checks ...

The CFPB can revise this process on its own — it recently updated its supervisory appeals process. Maintaining the status quo only adds to the CFPB's reputation — and the reputation of its director, ...

Related: CFPB proposes crypto firms refund users for funds lost to hacks He was also a co-author of Project 2025, an initiative from a right-wing think tank to reshape the US government and give ...

Thousands of consumer complaints unanswered after Trump CFPB purge, Dems say Since its founding, the CFPB has returned more than $21 billion to consumers who were victims of fraud or scams.

On Dec. 20, the CFPB went after nearly every large bank in the country with a lawsuit that alleges improper oversight of the Zelle payment platform, which is jointly owned by seven large banks.

On Wednesday, the CFPB's Chief Legal Officer Mark Paoletta sent a sweeping memo to the bureau's staff listing 11 priorities for the year ahead. The memo states that the bureau will refocus its efforts ...

The US Supreme Court decided this week to hear a case that will consider the constitutionality of funding for the Consumer Financial Protection Bureau and, in doing so, test the constraints of US ...

The firings, part of President Donald Trump's campaign pledge to slash the federal government, would gut the 1,700-employee consumer watchdog agency, according to three CFPB employees who spoke to ...

However, it signals a shift back toward oversight of banks, with mortgages remaining the agency’s top priority. “The states are going to get very active to fill the void, just like prior to ...

Under Chopra, the CFPB embarked on a broad inquiry targeting the tech industry in 2021, warning that the rise of digital payment services exposed a gap in federal oversight — since many tech ...