In a landmark ruling, a federal judge has halted the Trump-appointed CFPB's plans to lay off employees, reinstating protections for consumer finance oversight. This decision reinforces the agency's role in safeguarding consumer interests.
In a surprising turn of events, banks that once fought against the CFPB are now rallying to protect it from drastic cuts by the Trump administration. As the agency's future hangs in the balance, industry leaders warn of rising competition from unregulated fintech giants.
In a dramatic shift, the CFPB's leadership plans to terminate nearly all employees, with insiders revealing a phased layoff strategy. What does this mean for consumer protection?
Thousands of probationary federal employees, including Hanna Hickman, face uncertainty and fear as mass layoffs hit agencies like CFPB and Department of Education, leaving them shocked and without answers.
Learn how the White House's decision to shut down the CFPB could expose veterans and military families to financial scams. Advocates warn of increased fraud risks and the need for better financial education.
