This Thursday (Feb. 27), the Senate Committee on Banking, Housing and Urban Affairs is scheduled to hold a hearing on nominees to head a variety of departments — including Jonathan McKernan, who has been tapped as director of the Consumer Financial Protection Bureau (CFPB). And...
Twenty-three state attorneys general have joined a lawsuit fighting the shutdown of the CFPB. In an amicus brief filed last week, the states argue that closing the Consumer Financial Protection Bureau (CFPB) would harm consumers and make consumer protection laws harder to enforce. “Eliminating the...
The Consumer Financial Protection Bureau (CFPB) has long been a target of Republican ire. But now, efforts by the newly created Department of Government Efficiency (DOGE) have some members of the Trump White House worried, Bloomberg News reported Saturday (Feb. 22). Among those concerned are...
A pair of Senate Democrats say they want to kick DOGE out of the Consumer Financial Protection Bureau (CFPB). The reasoning, as Bloomberg News reported Wednesday (Feb. 19), is that DOGE (the Department of Government Efficiency) staffers have ties to Elon Musk, whose still-in-the-works payments business would be...
The Consumer Financial Protection Bureau’s (CFPB) acting director has reportedly agreed to pause a mass firing of agency employees. As ABC News reported Friday (Feb. 14), attorneys for Russell Vought, acting director of the CFPB, reached an agreement during a court conference to postpone the...
Former Consumer Financial Protection Bureau (CFPB) Chief Technologist Erie Meyer reportedly alleged in a legal filing that Trump administration officials are set to delete databases holding the agency’s data. In a declaration filed in the U.S. District Court for the District of Columbia, Meyer said the data includes...
The Consumer Financial Protection Bureau (CFPB) reportedly sent termination notices to more employees on Thursday (Feb. 13). After firing some probationary employees Tuesday (Feb. 11), the agency sent termination notices to dozens of “term employees” who have contracts with end dates, Reuters reported Thursday (Feb. 13). The...
The Consumer Financial Protection Bureau reportedly sent termination notes to dozens of employees late Tuesday (Feb. 11). Most of the affected staff were on probationary status — meaning they were in a trial period after starting a new government position — and several had already...
President Trump has named a new CFPB director while the agency faces an uncertain future. Jonathan McKernan, who was until recently a director on the board of the Federal Deposit Insurance Corp. (FDIC), has been tapped by Trump to oversee the Consumer Financial Protection Bureau...
