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’s getting fired.
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.
A one-page outline of priorities for Trump's inauguration day obtained American Banker includes financial policy items, including firing Consumer Financial Protection Bureau Director Rohit Chopra, issuing a "reset" of that agency and designating crypto as a "national priority.
Key Takeaways President Donald Trump's regulatory freeze could affect some of the CFPB's recent actions.In the days before Trump took over, the bureau took a flurry of actions, including finalizing rules banning medical debt from credit scores and restricting overdraft fees to $5.
In 2017, then-President Donald Trump appointed White House Budget Director Mick Mulvaney to run the Consumer Financial Protection Bureau. As a Republican member of Congress, Mulvaney had ...
The Senate confirmation hearings for Trump’s second-term nominees have revealed a dramatic departure from the first term, indicating that the second Trump administration will have a more
Wall Street giant JPMorgan has set up a Donald Trump ‘war room’ as the 47th president announces a flurry of new policies upon returning to the White House, according to one of its top
The Consumer Financial Protection Bureau is tasked with writing and enforcing rules for the financial industry. How might the independent federal agency change under the Trump administration?
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency to be more restrained.
The Consumer Financial Protection Bureau withdrew a rule proposal barring bank fees on certain declined transactions. Its plan for a “more comprehensive approach” faces an uncertain future in the Trump administration.
The US Consumer Financial Protection Bureau (CFPB) has proposed new regulations targeting stablecoin issuers and wallet providers, aligning