Yet Congress has done nothing to stop the closure of USAID and the Consumer Financial Protection Bureau. The Department of Education looks to be next on Elon Musk’s target list. Congress created the role of inspectors-general whose job it is to blow the whistle on waste,
The U.S. Consumer Financial Protection Bureau on Thursday dropped five enforcement actions against financial services companies accused of wrongdoing under the prior administration, including a major case against Capital One .
U.S. District Judge John Bates in Washington ruled that the unions can question four officials - one from DOGE itself and one each from the Department of Labor, the Department of Health and Human Services and from Consumer Financial Protection Bureau.
Days before President Trump was inaugurated, the Consumer Financial Protection Bureau sued Capital One, accusing it of using deceptive tactics that the bureau said cheated customers out of $2 billion in interest payments on their savings accounts.
The Consumer Financial Protection Bureau has all but ceased enforcement since the Trump administration ordered employees to stop working earlier in February.
Attorney Domenic Powell, who worked for the Consumer Financial Protection Bureau, wrote an essay about how to court-proof administrative branch decisions.
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,
Jonathan McKernan, President Trump’s pick to lead the embattled Consumer Financial Protection Bureau (CFPB) is set to testify Thursday morning before the Senate Committee on Banking, Housing
The changing of the guard at the Consumer Financial Protection Bureau and hope among bankers for mergers and acquisitions activity are popular items this month.
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."