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Trump Escalates War on CFPB With Move to Cut Off All Funding
The Trump administration has declared that the Consumer Financial Protection Bureau’s funding mechanism is illegal, which could force the agency to close in the coming months when it runs out of cash, ... Read More
Stop the sneaky subscriptions: how to actually cancel the stuff you don’t use
Scan 60–90 days of card/bank statements and make a “hit list” of anything recurring, vague, or annual — you can’t cancel what you forgot exists Alw ... Read More
Trump Administration Could Defund CFPB By 2026
Key Points ・The Trump administration says that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism can no longer draw money from the Federal Reserve. ・The CFPB expects to exhaust its ... Read More
Russell Vought says he will shut down CFPB
White House Budget Director Russell Vought announced plans to close the Consumer Financial Protection Bureau within 2-3 months, contradicting the administration's legal stance. However, Vought may not ... Read More
A Welcome New Rule Would Limit the CFPB’s Power
The Consumer Financial Protection Bureau has been quiet since the early days of the second Trump presidency, when the administration stopped work at the agency and told staffers to stay home. But ... Read More
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