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Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
Roughly 1,500 employees — or almost 90% of the agency's staff — will be cut from the CFPB, leaving around 200 people, according to an administration official who wasn't authorized to disclose the figure publicly and spoke to the Associated Press on condition of anonymity. Fox Business first reported the number of layoffs.
In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...
Retail Banker International on MSN5d
Wells Fargo reports 5.93% increase in Q1 2025 net incomeWells Fargo has reported a net income of $4.894bn for the first quarter (Q1) of 2025, marking a rise of approximately 5.93% ...
The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some ...
The House voted Wednesday, 217-211, to overturn through the Congressional Review Act a Consumer Financial Protection ...
Person-to-person money transfers are now only available through the banks and credit unions that work with Zelle.
The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For millions of student loan borrowers, the CFPB has curbed predatory lenders ...
Lawmakers are two steps away from repealing the Consumer Financial Protection ... Bank of America and Wells Fargo – greatly reduced them. Some Republicans, however, argued that eliminating ...
A federal judge issued an order blocking the Trump administration from firing hundreds of Consumer Financial Protection ...
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