That figure doesn’t cover “costs Americans could have been scammed out of due to a sidelined CFPB,” notes a new report.
The U.S. Government Accountability Office (GAO) has released a detailed status report on the ongoing reorganization of the ...
Congress established the CFPB with the Dodd-Frank Act in 2010, in the wake of the 2008 economic crisis. One of its goals was to strengthen and consolidate consumer protection powers that had been ...
One year after the Trump administration took control of the Consumer Financial Protection Bureau, the consumer watchdog has largely retreated from enforcement and regulatory work, changes that ...
: [POST-BROADCAST CORRECTION Jan. 22, 2026: A previous version of this story incorrectly described Lisa Rosenthal as an investigator for the Consumer Financial Protection Bureau. She was an attorney ...
Two reports released Monday explored the scope of the CFPB’s downsizing in the last 12 months. A second one, by Senate Democrats, said the changes have cost consumers $19 billion.
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