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’s getting fired.
The CFPB is widely seen as a key ally of American consumers, but critics say it costs too much and stifles innovation.
The Consumer Financial Protection Bureau rescinded 35 job offers, including for law school graduates looking to enter public service, and its website and LinkedIn pages no longer show any vacant positions as the agency comes into compliance with President Donald Trump’s hiring freeze.
Here’s what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial crisis.
A one-page outline of priorities for Trump's inauguration day obtained American Banker includes financial policy items, including firing Consumer Financial Protection Bureau Director Rohit Chopra, issuing a "reset" of that agency and designating crypto as a "national priority.
Wall Street giant JPMorgan has set up a Donald Trump ‘war room’ as the 47th president announces a flurry of new policies upon returning to the White House, according to one of its top
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t going to be quick, analysts say.
The Senate confirmation hearings for Trump’s second-term nominees have revealed a dramatic departure from the first term, indicating that the second Trump administration will have a more
The Constitution, federal law and court decisions make it clear: President Donald Trump's order to pause federal funding is against the law, legal experts tell ABC News.
President Donald Trump’s dramatic pause of federal grants and loans is queuing up a Supreme Court showdown over the Constitution that will test the court’s recently muscular commitment to curb executive power.
Democratic NLRB member Gwynne Wilcox called her removal “unprecedented and illegal” and vowed to challenge the decision.