On February 11, it was reported that, despite the temporary halt in the CFPB’s operations, the Bureau’s tables for the Average Prime Offer Rate ...
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 ...
Although this news has certainly garnered headlines — just as Bessent did a week earlier in telling CFPB employees to halt bureau activities — enforcement experts believe the skipping of a fun ...
On Sunday, employees at the CFPB received a two-sentence email from Adam Martinez, the agency's chief operating officer, telling DC employees to work remotely. "The DC Headquarters Building will ...
Rohit Chopra, the former director of the Consumer Financial Protection Bureau (CFPB), argued Monday that shutting down the agency is “begging for another financial crisis,” as the Trump ...
“I have notified the Federal Reserve that CFPB will not be taking its next draw of unappropriated funding because it is not ‘reasonably necessary’ to carry out its duties,” Vought said in ...
Sen. Elizabeth Warren (D-Mass.) on Monday accused the Trump administration of trying to shut down the Consumer Financial Protection Bureau (CFPB) to benefit tech billionaire Elon Musk’s payment ...
He also closed the bureau's headquarters next week. The CFPB's staff received a brief email on Sunday stating that the agency's Washington, D.C., headquarters building would be closed for a week ...
"CFPB RIP," Musk wrote on X on Friday ... misguided regulatory actions and stand ready to support his efforts to chart a better course for the Bureau," he said in a statement.
The resignations by supervision head Lorelei Salas and enforcement head Eric Halperin were announced to their respective teams via emails that were shared with NPR by current and former employees of ...
Feb. 9The National Treasury Employees Union, which represents CFPB employees, sued Vought, asking a judge to stop him from halting the bureau’s work and alleging he granted staffers from Musk ...
Trump tapped McKernan, a former director at the Federal Deposit Insurance Corporation, for a five-year term at the helm of the CFPB. The nomination may suggest the administration is seeking to ...