Trump, corporation for public broadcasting and Congress
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Once a powerful guardian against wrongdoing by banks and financial services companies, the Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt.
President Trump signed a so-called big beautiful bill on July 4 that nearly halves annual funding for the Consumer Financial Protection Bureau. CFPB funding would fall to 6.5% of the annual operating expenses of the Federal Reserve,
The Trump administration has injected fresh chaos into school budget planning for the quickly approaching academic year with its abruptly announced and unprecedented nationwide halt on $6.8 billion in education funding Congress allocated in March.
Supreme Court rulings and provisions in the recently passed budget bill are bolstering the legality of the administration's effort to fire more than 1,000 employees at the Consumer Financial Protection Bureau.
New law cuts Consumer Financial Protection Bureau’s funding cap by 46%, saving $2 billion, Republicans say. GOP argues the CFPB has been unaccountabl
Judges and lawmakers have now reversed many of former President Joe Biden's attempts to restrict companies from practices his administration said hurt consumers.
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2don MSNOpinion
The Consumer Financial Protection Bureau's reversal on its settlement with Navy Federal Credit Union is part of a broader pattern.
Fireworks exploding near the White House and Capitol Hill during Fourth of July were more than just recognizing Independence Day. President Trump and Republi