The Consumer Financial Protection Bureau announced that it is dropping four lawsuits against giant corporations that were filed on behalf of consumers.
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."
The Consumer Financial Protection Bureau abruptly dropped cases on Thursday against Capital One, Rocket Homes and a student loan servicer, according to court filings.The moves come as Jonathan McKernan,
Senator Elizabeth Warren is convening a forum to investigate the President Donald Trump-Elon Musk attack on the CFPB.
Elon Musk’s plans to add payment services to X, his social media platform, are looming large over the Trump administration’s push to dismantle the Consumer Financial Protection Bureau (CFPB), The
Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch a digital payments service.
From the moment the Consumer Financial Protection Bureau opened its doors in the summer of 2011, powerful critics have wanted to rein it in — and the regulator was one of the very first targets of Elon Musk’s scorched-earth overhaul of the US government.
Sen. Elizabeth Warren (D-Massachusetts) has invited Elon Musk to a hearing on his plans to tank the Consumer Financial Protection Bureau.
Musk caused alarm among federal employees over an email sent on Saturday requesting that employees summarize their work.
The group is warning against efforts by the Trump Administration and Elon Musk to defund and disband the CFPB, which enforces consumer protection laws.
Meanwhile, DOGE itself had just 42% of respondents seeing it favorably, while 38% had an unfavorable view, according to the survey. A separate question about Elon Musk personally showed that 42% of respondents saw him favorably while 52% had an unfavorable opinion.