Trump administration orders consumer protection agency to stop work, closes building
The order follows similar efforts by the White House to dismantle the U.S. Agency for International Development.
White House Orders Consumer Protection Agency Shutdown
Trump administration orders CFPB shutdown, halting consumer protection investigations and new rules amid controversy over agency's role.
CFPB’s Funding Gets Cut Off After Russell Vought Takes Over Consumer Protection Agency
Vought said Saturday he notified the Federal Reserve the CFPB will not receive its next draw of federal funding—claiming it’s “not ‘reasonably necessary’ to carry out [the agency’s] duties”—amid multiple reports indicating Vought emailed agency staff Saturday to say they should halt all of their work.
Consumer Financial Protection Bureau ordered to stop work: What to know about the agency
Russell Vought, director of the Office of Management and Budget and the acting director of CFPB, ordered the federal watchdog to stop work.
Musk's Doge takes aim at US consumer protection agency
The billionaire aide to Donald Trump indicates he wants to see the end of an agency founded after the financial crash of 2007-8.
Russell Vought Takes Over at CFPB as Musk's DOGE Gains Access
President Donald Trump's newly installed management and budget director Russell Vought took control of the U.S. Consumer Financial Protection Bureau on Friday, according to the White House Office of Management and Budget.
Elon Musk’s DOGE has swept into 14 federal agencies. Here’s what to know.
Internal email lists and other documents and interviews provide the widest view so far of who is working in DOGE — and officials inside other agencies with Musk connections.
US consumer finance watchdog workers protest Musk's DOGE
By Douglas Gillison WASHINGTON (Reuters) -Workers at the U.S. Consumer Finance Protection Bureau protested against Elon Musk's assault on the agency on Saturday, expressing concern over his access to federal data and the billionaire's potential conflicts of interest.
Federal Financial Watchdog Ordered to Cease Activity
In an email to staff of the Consumer Financial Protection Bureau, the agency’s acting director ordered workers to cease “all ...
Consumer Financial Protection Bureau to shutter for a week
The closure of the CFPB, established after the 2008 financial crisis, follows a visit Friday by members of Elon Musk’s U.S.
'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...
For Stunned Federal Workers, Sleeplessness, Anger and Tears
One thing lost in the Trump administration’s war on the federal bureaucracy is the collective voice of the employees. But ...
Russ Vought orders Consumer Financial Protection Bureau to stop work
The development came after Elon Musk's Department of Government Efficiency, or DOGE, gained access to the CFPB and began a thorough review.
Federal agencies scrub climate change from websites amid Trump rebranding
Federal agencies are beginning to remove references to climate change from their websites, as Trump issued a rebranding of ...
Trump administration halts work at fraud-fighting Consumer Financial Protection Bureau
The CFPB is an independent government agency tasked with protecting consumers and enforcing rules for banks, credit unions and other lenders.
Trump’s New Budget Chief Orders Federal Financial Watchdog To Halt Operations
The Project 2025 architect has effectively frozen the Consumer Financial Protection Bureau, now allowing big banks and giant ...