Not everyone in the Trump orbit is apparently happy with Elon Musk‘s Department of Government Efficiency (DOGE) method of picking apart the Consumer Financial Protection Bureau (CFPB).
Two employees of the Consumer Financial Protection Bureau (CFPB) testified Tuesday that top officials’ plans to fire hundreds of workers remain intact, as a federal judge weighs whether to block ...
CFPB employees at that time “closed our laptop lids and walked away,” Pfaff said. When they returned, they found a backlog that Pfaff said would take weeks, if not months, to work through ...
But much of the ire is aimed at Russ Vought, the Office of Management and Budget director and the acting CFPB director. Predictably, a federal employees union quickly sued to stop the Trump ...
Elizabeth Warren, D-Mass. The CFPB's Consumer Complaint Program ‒ established in the 2010 Dodd-Frank Act that created the agency ‒ serves as a clearinghouse for consumers to submit complaints ...
The CFPB’s case against the Los Angeles-based fintech firm has been ongoing since May 2024. While SoLo Funds brands itself as a third-party platform that connects borrowers to lenders with no ...
During a lengthy court hearing on Monday, CFPB's Chief Operating Officer Adam Martinez gave a full sworn account of the chaos and confusion that has consumed the federal agency that was set up to ...
Since then, the CFPB has issued 30 other orders against banks and financial services groups totaling at least $280 million in total consumer redress, according to actions tracked by American Banker.
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The CFPB voluntarily dismissed the Capital One lawsuit in an online filing by the bureau's Chief Legal Officer Mark Paoletta. The lawsuit was filed in January under former CFPB Director Rohit Chopra.
The lawsuit, filed by the NTEU and several advocacy groups, seeks a court order requiring the CFPB to resume operations, arguing that halting the agency’s work violates the Administrative ...
The motion came in response to a lawsuit filed by the CFPB union against the Trump administration when Vought ordered workers to stop working. President Donald Trump and DOGE head Elon Musk have ...