The Consumer Financial Protection Bureau and will suspend most of its operations, according to a memo from its new acting ...

Russell Vought, director of the Office of Management and Budget and the acting director of CFPB, ordered the federal watchdog ...

Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...

Office of Management and Budget director Russell Vought is now ... because it is not 'reasonably necessary' to carry out its duties," Vought wrote on X. "The Bureau's current balance of $711.6 ...

The Trump administration has told employees of the Consumer Financial Protection Bureau to stop performing nearly all of ...

The CFPB has been rendered all but inoperative, as OMB Director Russell Vought ordered its employees to stop working on ...

President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.

The edict comes as Russell Vought takes over at the Consumer Financial Protection Bureau. Vought has ordered work to halt at ...

The edict comes as Russell Vought takes over at the Consumer Financial Protection Bureau. Vought has ordered work to halt at ...

The bureau terminated roughly 70 to 100 term employees Thursday. An amended complaint asserts there's more to come — and that ...

Russell Vought, the director of Office of Management and Budget (OMB ... because it is not "reasonably necessary" to carry out its duties. The Bureau's current balance of $711.6 million is ...

It's the main U.S. agency tasked with overseeing the financial products and services used by everyday Americans. The CFPB's ...