Billionaire Elon Musk, who is leading Trump’s Department of Government Efficiency scouring government agencies for suspected ...
headquarters in moves affecting hundreds of jobs. Chief People Officer Donna Morris told employees in an internal memo on Tuesday that it will exit its office in North Carolina and relocate ...
The ruling from a federal court in Washington, D.C., is a reprieve for CFPB staff who had been bracing for mass layoffs as ...
The Trump administration is planning to hollow out the Consumer Financial Protection Bureau (CFPB) by firing 95% of its staff while canceling the lease on its Washington, D.C., headquarters, according ...
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
The Consumer Financial Protection Bureau is the latest U.S. government agency to have its work halted by the Trump administration. Congress established the CFPB in 2010 to prevent unfair or ...
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which ...
Just three weeks into President Donald Trump's second term, federal courts have hampered several moves against agencies like the U.S. Agency for International Development and the Treasury Department, ...
The edict comes as Russell Vought takes over at the Consumer Financial Protection Bureau. Vought has ordered work to halt at ...
CFPB employees must "get approval in writing" to do any work this week, acting director Russell Vought wrote in an email.
Consumer Financial Protection Bureau employees were ordered to do no work while the agency’s Washington headquarters is closed ... while the CFPB is independently funded through the Federal Reserve.