News

DOGE is slashing 90% of a federal agency designed to prevent another financial crisis
Elon Musk has long said he wanted to "delete" the CFPB. That move is now underway.
US consumer watchdog says it will lay off most remaining staff
The U.S. Consumer Financial Protection Bureau, the agency created to serve as a watchdog for American consumers against ...
CFPB to make sweeping job cuts as Trump admin refocuses agency
The Consumer Protection Bureau (CFPB) moved to make sweeping job cuts as the Trump administration looks refocus the agency's ...
CFPB to Cut Financial Firm Supervision, Curb Fintech Focus
America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut ...
A new internal memo from the CFPB says it will 'deprioritize' its student-loan oversight in Trump's latest move to overhaul the consumer watchdog
Business Insider reviewed an internal memo from the CFPB calling on its employees to "deprioritize" student loans, medical ...
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CFPB shifts enforcement to states, stops nonbank oversight
An internal Consumer Financial Protection Bureau memo says the agency will shift enforcement and supervisory work to the ...
Texas judge throws out rule that would have capped credit card late fees
A Texas judge has thrown out a federal rule that would have capped credit card late fees. The order issued on Tuesday by U.S.
How Much Will Your Next Overdraft Fee Be? It's Up To Trump Now
The next time you withdraw more money than is in your checking account, it could cost you about $35, or $5: it's all up to ...