The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."
It's difficult to know what agency, if any, would have authority over [consumer protection] statutes if the CFPB is not in business anymore,” said Covington & Burling partner Eric Mogilnicki. “Obviously,
The agency—an unelected regulator with a blank check—has spent much of its short life making things harder for the consumers it set out to protect.
The Consumer Financial Protection Bureau, a watchdog agency created to protect consumers, is under fire by President Trump and DOGE. Its new head ordered work to stop and funding to end.
The fate of the Consumer Financial Protection Bureau, or CFPB, is uncertain as the agency and its workers have faced a tumultuous month of February so far, possibly leaving consumers with more questions than answers. Here's the latest and how it could affect consumers.
Earlier this month, the Federal Trade Commission (FTC) voted unanimously to approve the appointment of Chris Mufarrige as its new director of the Bureau of Consumer Protection. The appointment puts a man in charge of protecting consumers who has a long history with business models aimed at bilking the poorest of them.
For years, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have actively policed digital asset
While business groups have long lamented actions taken by the Consumer Financial Protection Bureau, Trump and his allies want to dismantle the agency wholesale.
U.S. consumers are at greater risk of being exploited by tech giants and financial firms after President Donald Trump fired a team of technologists from the Consumer Financial Protection Bureau (CFPB),
On 0, 2025, Chairman Ferguson appointed directors for both the Bureau of Consumer Protection (BCP) and the Bureau of Competition (BC). Christopher Mufarrige was appointed as the Director of BCP and Daniel Guarnera as the Director of BC.
Around 20 technologists at the Consumer Financial Protection Bureau were fired on Thursday evening, gutting a team that specialized in understanding Big Tech’s entrance into financial products, three sources familiar with the matter tell The Verge.
According to the FTC, Avast claimed it used a special algorithm to remove identifying information before transferring the data to its clients.