Supreme Court, Trump and Consumer Product Safety Commission
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Complaints to the Consumer Financial Protection Bureau have skyrocketed in the first half of 2025, due in part to an increase in payment scams generated by social media that target peer-to-peer payment platforms such as Zelle,
A federal judge has temporarily blocked the Trump administration’s plans to dismantle the Consumer Financial Protection Bureau. President Trump had planned to slash nearly 90% of the workforce at the bureau, which works to safeguard against fraud, abuse, and deceptive practices, claiming the agency has overstepped its authority.
A federal judge blocked a rule from the Consumer Financial Protection Bureau that would have stopped medical bills from appearing on credit reports and barred lenders from using such data to make lending decisions.
The Office of Management and Budget is now billing CFPB $4.7 million for Russ Vought’s security detail, according to a memorandum obtained by Government Executive. The memo, sent by CFPB’s deputy chief financial officer to staff last week, spells out that OMB and CFPB are entering into an interagency agreement to pay the costs.
Once a powerful guardian against wrongdoing by banks and financial services companies, the Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt.
The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he ...