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The CFPB under the leadership of Russell Vought has dropped several high profile pieces of litigation against financial firms. WASHINGTON — The CFPB has dismissed its case against Reliant Holdings and ...
A federal judge has ordered a top staffer to Elon Musk and the chief legal officer at the Consumer Financial Protection Bureau to explain mass firings at the CFPB that appear to be in defiance of a ...
Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia on Friday temporarily paused the CFPB’s plan to cut off nearly 1,500 employees’ access to bureau systems as ...
The Consumer Financial Protection Bureau (CFPB) will “deprioritize” some efforts it was created to undertake, including protecting student borrowers and consumers with medical debt.
“When you look at the contents of the CFPB’s 2025 staff memo versus past years — public comments that indicated prioritization — the 2025 staff memo gives a greater amount of details and transparency.
An internal Consumer Financial Protection Bureau memo outlining a significant retreat from enforcing consumer protection laws has added more uncertainty to the beleaguered agency, regulatory ...
The CFPB did not immediately respond to a request for comment. Under the Biden administration, the consumer watchdog had unleashed a number of rulings against student loan providers, removed ...
On April 16, the Consumer Financial Protection Bureau (CFPB) seemingly provided its employees with a memorandum outlining its ongoing supervisory and enforcement priorities (Memo). 1 Although the ...
An illustration of an ax falling on the CFPB headquarters in Washington, D.C. (Image created with ChatGPT 4o) Under a workforce reduction announced on April 18, the Consumer Financial Protection ...
On April 16, the CFPB’s Chief Legal Officer, Mark Paoletta, issued a memo outlining the CFPB’s 2025 supervision and enforcement priorities, explaining that the CFPB intends to focus resources ...
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After all, the Dodd-Frank Act, which created the CFPB, gave state attorneys general and regulators the authority to directly enforce some aspects of federal consumer financial law. And states have ...
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