One week after the Senate parliamentarian struck down efforts to zero out CFPB funding, lawmakers released a scaled-back ...

The CFPB was formed as a response to the 2008 financial crisis and the ensuing Great Recession. To President Donald Trump, it’s a hotbed of “waste, fraud and abuse” whose only purpose is to ...

The CFPB protects consumers by analyzing the practices of large financial institutions like banks, lenders, credit unions, and debt collectors to ensure they are not improperly targeting consumers.

Created in 2010 following the 2008 financial crisis, the CFPB is the sole federal agency with the power to enforce consumer financial laws at nonbank institutions such as mortgage originators and ...

The dismissals occurred while Trump’s nominee to head the CFPB, Jonathan McKernan, was on Capitol Hill testifying before the Senate in a confirmation hearing.

‘There will continue to be a CFPB’: Trump administration says it won't shut bureau. The bureau — long a big target of Republicans — is at the center of the Trump administration’s effort ...