The U.S. House of Representatives has passed an extensive budget reconciliation bill that would reduce the CFPB budget by 70 percent. In a ...

The Consumer Financial Protection Bureau is asking examiners and enforcement attorneys to write memos on pending matters that ...

The huge FY26 budget reconciliation bill, H.R. 1, dubbed the “One Big Beautiful Bill Act,” contains provisions that would slash CFPB spending.

Unlike the "skinny" budget released in early May, the administration did include funding requests for OPM, Education and ...

A hearing Tuesday in federal court in Washington could determine the fate of the embattled Consumer Financial Protection Bureau ... cuts, that senior leaders were not consulted about the impact ...

The layoffs are across the CFPB's core functions, including supervision of financial institutions and its enforcement arm. Following the job cuts ... of Management and Budget (OMB).

CFPB has provided over $21 billion in consumer relief, according to the agency's latest data from Dec. 3. 2024. Kaine accused Musk of targeting the CFPB with DOGE cuts for his own gain.

Consumer protection cuts: It's time to worry about overdraft fees. These 5 banks rolled them back. The memo, which was first shared on X by a Wall Street Journal reporter, said all prior CFPB ...

President Donald Trump’s administration will cut about 1,500 CFPB employees, nearly 90 percent of the workforce, leaving 200 people at the watchdog formed to shield consumers from fraud and abuse.