LND topic: cfpb page 1

cfpb

A Shift in Consumer Protection: What's the Deal with the Scrapped Registry?

October 28, 2025

In a surprising move, the top U. S. consumer finance watchdog has decided to ditch a registry that kept track of companies breaking the rules. They said it wasn't worth the cost. This decision came after they also reversed a policy that would have stopped medical debts from showing up on credit repo

politics

The CFPB: A Watchdog on a Leash

July 15, 2025

The Consumer Financial Protection Bureau (CFPB), once a fierce protector of consumers' financial rights, now sits idle. Employees describe a surreal work environment where they are paid but forbidden to do their jobs. The bureau, tasked with overseeing banks and financial services, has been effectiv

politics

The CFPB's Fight for Survival

April 19, 2025

The Consumer Financial Protection Bureau (CFPB) is in a tight spot. Over 1, 400 of its employees were about to be shown the door. But a judge stepped in and said, "Not so fast. " The Trump administration wanted to cut about 90% of the agency's workforce. But Judge Amy Berman Jackson in Washington, D

finance

A Big Cut to the Consumer Watchdog

April 18, 2025

The Consumer Financial Protection Bureau (CFPB) is facing a major overhaul. A significant number of its employees received termination notices. This move is part of a broader plan to reshape the agency, which was established to protect consumers from unfair financial practices. The CFPB has been ac

politics

The CFPB Shake-Up: What's Really Going On?

February 28, 2025

Imagine this: a government agency tasked with protecting consumers is suddenly on the chopping block. The Consumer Financial Protection Bureau (CFPB), created after the 2008 financial crisis to shield consumers from shady lending practices, is now facing a massive overhaul. Employees have spilled th

politics

Capital One Dodges a Bullet as CFPB Drops Case

February 28, 2025

The Consumer Financial Protection Bureau (CFPB) has decided to drop its case against Capital One. This move comes after the bureau accused Capital One of misleading customers with two savings accounts that had similar names but very different interest rates. Customers were not informed about the sig

politics

Capital One's Legal Drama: A Sudden End

February 28, 2025

The Consumer Financial Protection Bureau (CFPB) recently made a surprising move. They decided to drop a lawsuit against Capital One. This lawsuit was all about how Capital One was accused of tricking customers. The CFPB claimed that Capital One used sneaky tactics to cheat customers out of $2 billio

business

Bureaucratic Battle: Union Fights Back Against Sudden CFPB Shutdown

February 10, 2025

In the nation's capital, a significant showdown is unfolding between a labor union and the acting head of the Consumer Financial Protection Bureau (CFPB), with employees and their representatives fighting back against unexpected directives. This past weekend, the CFPB was thrown into chaos as its ac

politics

Big Bucks Be Gone: Billionaire's Play for Consumer Watchdog

February 9, 2025

Imagine this: a billionaire with a big plan, a consumer agency that put cash back in people's pockets, and a political move that could put the squeeze on everyday Americans. This is what happened when a major figure in tech made a bold statement about the Consumer Financial Protection Bureau (CFPB),

finance

Why Elon Musk Wants to Axe a Key Financial Protector

December 25, 2024

Election Day exit polls showed that voters were mainly concerned about the economy. They hoped a new government would help them cope with rising prices. But something surprising happened. Elon Musk, who is helping to lead a new Department of Government Efficiency, wants to shut down the Consumer Fin