The Consumer Financial Protection Bureau (CFPB) is seeking to vacate its $105,000 settlement of redlining charges against nonbank mortgage lender and broker Townstone Financial Inc. The settlement followed a protracted litigation that began in 2020 under the first...
The Trump administration has stated it will retain the Consumer Financial Protection Bureau (CFBP) in a streamlined realignment and does not plan to shut down the agency. Politico reports on a motion filed by Acting CFPB Director Russ Vought late Monday in federal...
A federal judge issued an order on Friday evening that temporarily halted the Trump administration from firing employees at the Consumer Financial Protection Bureau (CFPB) without cause and from issuing a reduction-in-force notice for the agency. According to combined...
Acting Consumer Financial Protection Bureau (CFPB) Director Russell Vought has agreed to temporarily halt his plans to stop the funding of the agency for at least two weeks following a court challenge over whether he has the authority to take such an action. According...
President Trump has nominated Jonathan McKernan to become director of the Consumer Financial Protection Bureau (CFPB). McKernan stepped down from the board of directors of the Federal Deposit Insurance Corporation to be considered for the CFPB directorship. McKernan...