The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
The Trump administration is poised to oust Biden-era appointee Rohit Chopra as director of the Consumer Financial Protection Bureau and is considering either the Treasury Department or the White House Office of Management and Budget to oversee the agency,
The Consumer Financial Protection Bureau is a federal agency that protects consumers from predatory lenders and credit card companies. Here's how to file a complaint.
Copyright 2025 The Associated Press. All Rights Reserved. Consumer Financial Protection Bureau Director Rohit Chopra, speaks from the South Court Auditorium on the ...
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t going to be quick, analysts say.
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
Banking Dive takes a look at several trend areas — from M&A to regulation — to give its best guess on developments to come this year. But as observers in the ESG sector will tell it, change has been rapid and thorough.
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency to be more restrained.
President Trump’s executive actions, including a freeze on federal grants and a buyout offer to federal employees, have drawn criticism from Democrats and some Republicans, while his pick
The director of the Consumer Financial Protection Bureau ... Chopra has already packed up his office a few blocks from the White House. His picture no longer hangs in the lobby.
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a position soon to be vacated by Michael Barr. But while Bowman is the administration's most straightforward option,