consumer financial protection bureau

Supreme Court to hear challenge of financial protection bureau

The Supreme Court agreed Friday to take up a case this term that could significantly weaken the structure and independence of the Consumer Financial Protection Bureau, a government watchdog agency that was the brainchild of Elizabeth Warren and opened its doors in the wake of the 2008 financial crisis during the Obama administration to oversee financial institutions, monitor markets and protect consumers fr

Consumer advocates raise red flags over Trump's top agency picks

Consumer advocates raised big concerns this week about the two top officials the Trump administration has appointed to protect Americans from fraud, claiming one has no related experience and that the other won't be able to go after companies like Equifax, Facebook, Amazon and Verizon because of his work in the private sector.

Warren pitches new anti-corruption plan

Sen. Elizabeth Warren unveiled a series of new planks Tuesday in her wider plan to stem corporate influence on government and root out corruption in Washington.

Trump to announce nominee to lead CFPB

President Donald Trump plans to nominate Office of Management and Budget official Kathy Kraninger to head the Consumer Financial Protection Bureau, the White House announced Saturday.

Federal judge won't block Trump's pick to lead agency

A federal judge hearing the case over who rightfully can lead the Consumer Financial Protection Bureau on an acting basis Tuesday denied a request to block President Donald Trump from installing Mick Mulvaney as acting director.

Showdown over top post at key watchdog agency

A showdown over the leadership of a major consumer fraud protection agency was underway Monday, as both President Donald Trump's pick to lead the Consumer Financial Protection Bureau and the person tapped by its former director showed up to work.

White House defends Mulvaney's appointment to CFPB

President Donald Trump slammed the Consumer Financial Protection Bureau and its former director Saturday, calling the consumer watchdog "a total disaster" just hours after senior administration officials defended his decision to appoint Mick Mulvaney as its acting head.

Barney Frank rips Mulvaney's appointment to CFPB

Former Rep. Barney Frank pushed back Saturday on the White House's assertion that President Donald Trump has the authority to appoint an interim director of the Consumer Financial Protection Bureau, saying the independence of watchdog agency was a key consideration when Congress passed the law to create it in 2010.