CFPB

CFPB
Report: CFPB Employees Tell Court Leaders Plan to Wind Down Agency
February 28, 2025

Several federal employees reportedly said in statements submitted for a lawsuit that the new leadership of the Consumer Financial Protection Bureau (CFPB) plans to wind down the agency and fire most of its employees. Get the Full Story Complete the form to unlock this article...

CFPB
‘CFPB Has Gotten in the Way of Its Own Mission,’ McKernan Claims at Confirmation Hearing
February 27, 2025

Jonathan McKernan, appearing before the Senate Banking Committee during a hearing on his nomination to lead the Consumer Financial Protection Bureau, told lawmakers Thursday (Feb 26), “All too often, … the CFPB has gotten in the way of its own mission.” Get the Full Story...

CFPB
CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
February 27, 2025

The Consumer Financial Protection Bureau (CFPB) dropped a lawsuit against Capital One on Thursday (Feb. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

CFPB
Justice Department Says CFPB Will Be Streamlined, Not Dismantled
February 25, 2025

Justice Department attorneys reportedly said late Monday (Feb. 24) in court filings that the Trump administration plans to streamline, not dismantle, the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
Will McKernan Bring a ‘Regulatory Light’ Touch to the CFPB?
February 24, 2025

This Thursday (Feb. 27), the Senate Committee on Banking, Housing and Urban Affairs is scheduled to hold a hearing on nominees to head a variety of departments — including Jonathan McKernan, who has been tapped as director of the Consumer Financial Protection Bureau (CFPB). Get...

CFPB
State AGs Join Suit to Block CFPB Shutdown
February 24, 2025

Twenty-three state attorneys general have joined a lawsuit fighting the shutdown of the CFPB. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

CFPB
Trump Allies Reportedly Worried DOGE Attacks on CFPB Could Backfire
February 23, 2025

The Consumer Financial Protection Bureau (CFPB) has long been a target of Republican ire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

CFPB
Senate Democrats: Musk’s CFPB Dealings Present Ethical Conflict
February 19, 2025

A pair of Senate Democrats say they want to kick DOGE out of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

CFPB
CFPB Firings On Hold Amid Lawsuit Against Trump Layoffs
February 16, 2025

The Consumer Financial Protection Bureau’s (CFPB) acting director has reportedly agreed to pause a mass firing of agency employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...