Office of Management and Budget Director Russell Vought issued a series of directives to Consumer Financial Protection Bureau employees Saturday night in his new capacity as the bureau's acting head, ...

Advocates warn dropping the orders lets banks off the hook, leaving consumers with fewer protections from misconduct.

The preliminary injunction in a federal lawsuit enjoins a U.S. open banking framework until the Consumer Financial Protection Bureau issues a new rule.

A district court has agreed to halt compliance with the Consumer Financial Protection Bureau's Biden-era open banking rule ...

The lead architect of Project 2025 and recently appointed acting director for the Consumer Financial Protection Bureau has told the agency’s employees to essentially halt all operations ― the Trump ...

President Donald Trump's clampdown on the U.S. Consumer Financial Protection Bureau earlier this year has compounded IT security lapses at the agency through the cancellation of contracts, according ...

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 ...

WASHINGTON (Reuters) -White House budget director Russell Vought said on Wednesday he wants to close the U.S. Consumer Financial Protection Bureau even though President Donald Trump's administration ...

PALM BEACH GARDENS, FL, UNITED STATES, February 11, 2025 /EINPresswire.com/ -- In a significant shift, the Trump administration has effectively halted operations at ...