It’s taken just a few weeks in office, but the Trump administration’s apparent vision for economic populism is coming into focus: a blueprint for mass layoffs, creeping inflation, and a dissolution of consumer safeguards reviled by many wealthy Republican donors and politicians.
Given recent turmoil at the CFPB, Sen. Elizabeth Warren said Jonathan McKernan – nominated to lead the agency – seems “lined up to be the No. 1 horse at the glue factory.”
About a dozen agency workers testify on a three-phase “wind-down mode,” ahead of a hearing that may hold the bureau’s future in the balance.
In a letter to House Speaker Mike Johnson (R-LA), Self encouraged the inclusion of a bill that would strip the Consumer Financial Protection Bureau of its funding. It’s a step the Texas ...
The Consumer Financial Protection Bureau is in the midst of a complete ... Separately, a resolution introduced Feb. 13 in the House Financial Services Committee seeks to roll back the overdraft ...
The Consumer Financial Protection Bureau on Thursday dropped ... A district judge has temporarily blocked the White House from firing staff or deleting agency data, pending a March 3 hearing ...
WASHINGTON (Reuters) -President Donald Trump's pick to oversee a consumer watchdog faced a grilling from Democrats in the U.S. Senate on Thursday as the White House presses ahead with aggressive efforts to dismantle the agency.