Around 20 technologists at the Consumer Financial Protection Bureau were fired on Thursday evening, gutting a team that ...

President Trump nominated Jonathan McKernan to be the next director of the Consumer Financial Protection Bureau (CFPB). If ...

The bureau terminated roughly 70 to 100 term employees Thursday. An amended complaint asserts there's more to come — and that agency leadership aims to return the CFPB’s reserve funding and terminate ...

Many consumer protections are in limbo, including an $8 cap on credit-card late fees and a proposed rule on selling customer ...

With a big tech-powered magnifying glass on federal websites, spending contracts, and government payment systems, Elon Musk’s ...

Trump’s initial attempt to downsize the workforce was the deferred resignation program, commonly described as a buyout, which ...

Nominating McKernan to lead the CFPB suggests that, despite the "delete" rhetoric, the consumer watchdog isn't on its way to the kill shelter.

Photo: Alamy Mass layoffs have begun at several U.S. government agencies as President Donald Trump and Department of ...

The Trump administration has ordered federal agencies to lay off so-called probationary employees, potentially affecting some ...

With the CFPB shut down, banks and lenders now face no federal oversight, putting homeowners and consumers at risk of foreclosure, fraud, and ...

The CFP also prosecutes companies that it says fail to protect consumers. In December, it filed a lawsuit against the ...

About a year before the subprime mortgage meltdown brought the global financial system to its knees, a Harvard Law School professor made the case for launching a new regulator to protect consumers ...