Consumer Financial Protection Bureau, Trump
The U.S. Consumer Financial Protection Bureau dismissed its lawsuit accusing Vanderbilt Mortgage and Finance, a unit of Warren Buffett's Berkshire Hathaway , of driving borrowers into loans they could not afford to buy homes from Berkshire's Clayton Homes unit.
When Jonathan McKernan faces the Senate Banking Committee on Thursday for his confirmation hearing to lead the Consumer Financial Protection Bureau, the biggest questions may focus less on him than on the fate of the CFPB itself.
A keen interest in public service and financial inclusion drew the 26-year-old to the Consumer Financial Protection Bureau, a federal government agency that monitors how banks and other big companies treat consumers,
Elon Musk’s young foot soldiers at the Department of Government Efficiency (DOGE) were caught on camera for the first time as they walked into a federal agency building—part of an apparent attempt to shut it down.
The Consumer Financial Protection Bureau dropped a slew of Biden-era lawsuits against lenders as the nominee to lead the agency pledged to “right size” the watchdog under President Trump. The CFPB dismissed cases against Capital One Financial Corp.
Under grilling from Senate Democrats, Consumer Financial Protection Bureau Director-designate Jonathan McKernan agreed to continue the statutory mandates of the bureau, but refused to comment on Elon Musk,
This bill falls in line with efforts at the federal level to eliminate the Consumer Financial Protection Bureau.
The Consumer Financial Protection Bureau abruptly dropped cases on Thursday against multiple companies that had previously been accused of hurting consumers. Court filings indicate that the consumer watchdog has decided to dismiss lawsuits previously filed against Capital One,
The Trump administration insists the financial watchdog is safe for now, but as in administrations past, it can be made into whatever officials want it
The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of financial institutions and businesses.
Senator Elizabeth Warren is convening a forum to investigate the President Donald Trump-Elon Musk attack on the CFPB.
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