A federal judge has temporarily blocked the Trump administration’s plans to dismantle the Consumer Financial Protection Bureau. President Trump had planned to slash nearly 90% of the workforce at the bureau, which works to safeguard against fraud, abuse, and deceptive practices, claiming the agency has overstepped its authority.

Once a powerful watchdog for financial wrongdoing, the Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.

CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB terminated that mandate this month.

Financial losses like these would be devastating for anyone, but could be even worse for older adults who are living on limited income.

NEW YORK (AP) — In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau’s leadership has focused almost exclusively on rolling back any punishments, fines and penalties made against companies during the Biden administration.

Since the U.S. Consumer Financial Protection Bureau opened its doors in 2011, the watchdog has been at the center of legal fights over mortgage regulations, student loans, forced arbitration and ...

The Consumer Financial Protection Bureau “must point to clear congressional authorization for the power it claims,” the judge wrote in his ruling.

NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Donald Trump’s “Big Beautiful Bill,” which is likely to lead to hundreds of job cuts at the nation’s financial watchdog agency.

The Consumer Financial Protection Bureau faces operational paralysis. Employees are idle due to White House directives. The bureau is undoing past regulations. Settlements with companies like Navy Federal and Toyota are rescinded.

The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, text — anything, really — from the Trump administration to say if he ...

The Fair Credit Reporting Act considers each company a consumer reporting agency. That means you have the right to request your file, check it for errors, and dispute inaccuracies. The list makes it easier to identify and contact companies that might have information about you.