The Consumer Financial Protection Bureau is in control of creating rules and taking enforcement actions to protect consumers from unfair, deceptive, or abusive practices by a wide range of financial institutions and businesses.

The Consumer Financial Protection Bureau, a longtime target of the Republican Party that has undergone a significant shakeup in recent weeks, will continue operating, the Trump administration says. After Trump replaced its director with Russell Vought — director of the White House budget office and an author of Project 2025 — work at the CFPB was frozen.

Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the midst of a complete overhaul that could cripple its ability to act as the consumer finance watchdog it was designed to be.

Charlie Koon is senior vice president of Business & Community/Military Development manager at Legends Bank, and chair of the Government Relations Committee and board member at the Tennessee Bankers Association.

Adam Martinez, the agency's chief operating officer, says the CFPB has continued conducting congressionally mandated work.

In the weeks since President Trump's return to office, the Consumer Financial Protection Bureau, long a target of conservatives, landed in the crosshairs of Elon Musk's DOGE, or Department of ...

The Trump administration fired the director of the Consumer Financial Protection Bureau (CFPB) and halted the agency's work. California Attorney General Rob Bonta and 22 other attorneys general ...