Politics
CFPB Official Quits With Fiery Email
Cara Peterson, the acting head of enforcement for the Consumer Financial Protection Bureau, quit on Tuesday after sending a fiery email to…
Tag
consumer financial protection bureau
Politics
Donald Jr. and Eric Trump Pursue New Deals That Would Enrich President Trump
A contest of sorts has played out across Europe, the United States and the Middle East in recent days as President Trump’s two older sons…
Politics
New Details Emerge on Trump Officials’ Sprint to Gut Consumer Bureau Staff
Two weeks ago, a three-judge panel from the federal appeals court in Washington lifted a freeze on firing employees at the Consumer…
Politics
Appeals Court Scales Back Freeze on Firing Consumer Bureau Employees
A federal appeals panel on Friday halted parts of a district court judge’s injunction blocking the Trump administration’s effort to…
Politics
House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
The House of Representatives on Wednesday approved resolutions striking down a $5 cap on most bank overdraft fees and overturning a rule…
Business
Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
Under President Trump, the Consumer Financial Protection Bureau has dropped nearly a dozen enforcement cases brought during the Biden…
Politics
Struggle Over Americans’ Personal Data Plays Out Across the Government
Last week, Michelle King, the acting commissioner of the Social Security Administration, sought to reassure Democrats on Capitol Hill…
Politics
How Trump Is Gutting Regulatory Agencies Like the SEC, CFPB and EEOC
The Trump administration is rapidly delivering wins to American companies by rolling back regulations, pausing investigations and…
Business
Elon Musk’s Attacks on CFPB Remove Obstacle to Building ‘X Money’
Elon Musk, the world’s richest man, is widely known for amassing his fortune through Tesla, his electric car company, and SpaceX, the…
Business
Elon Musk’s Oval Office Talk Dispels Doubts About His Power
We’ve got some more thoughts on Elon Musk’s $97 billion hostile bid for Sam Altman’s OpenAI, which, we’re told, still hasn’t been…
Politics
Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up
President Trump has been in office less than a month, and Elon Musk’s vast business empire is already benefiting — or is now in a…
News
CFPB Employees Left Stranded and Confused After Stop-Work Orders
Barely two days after Russell Vought, the new acting director of the Consumer Financial Protection Bureau, ordered the agency to close its…
Business
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The day before Linda Wetzel closed on her retirement home in Southport, N.C., in 2012 — a cozy place where she could open the windows at…
Business
Federal Financial Watchdog Ordered to Cease Activity
Employees of the Consumer Financial Protection Bureau were instructed to cease “all supervision and examination activity” and “all…
Business
Why Banks May Be Hoping You’re Not Paying Attention
The median American household has a combined balance of $10,000 in its checking and savings accounts, according to a census estimate. For…
Politics
Trump Administration Fires Consumer Bureau Chief Rohit Chopra
The director of the Consumer Financial Protection Bureau, Rohit Chopra, was fired on Saturday, prematurely ending a five-year term that…
Politics
Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On
Rohit Chopra, the director of the Consumer Financial Protection Bureau, expected to be fired soon after President Trump took office. More…
Business
If You’re Retired, or Not: 5 Changes That Will Affect Your Money in 2025
Amid the global turmoil of this young new year comes a flurry of welcome developments that will help many people — especially retirees and…
Business
Capital One Is Accused of Cheating Customers Out of $2 Billion
The advertisement from Capital One had many of the same promises that other banks offer for high-yield savings accounts: There were no…
Business
C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
A federal regulator sued a mortgage finance firm owned by Warren Buffett’s Berkshire Hathaway conglomerate on Monday, claiming it made…