Employees testified that CFPB leaders and Elon Musk’s DOGE want to wind down the agency to five employees, the minimum required under law.

It’s taken just a few weeks in office, but the Trump administration’s apparent vision for economic populism is coming into focus: a blueprint for mass layoffs, creeping inflation, and a dissolution of consumer safeguards reviled by many wealthy Republican donors and politicians.

The move, on a suit that had accused the bank of tricking customers, was one of several dismissals ordered by Trump officials who are dismantling the agency.

The Consumer Financial Protection Bureau and the city of Baltimore butted heads and faced skeptical questions from a federal judge in Maryland over whether statements from acting Director Russell Vought threatening to zero out the agency’s funding amounted to an unlawful and final agency action.

The Consumer Financial Protection Bureau–an agency that oversees financial regulations in the U.S. States–has come to a standstill under the leadership of its new acting head, Russell Vought. Vought issued a series of directives Saturday,

Sen. Tina Smith (D-Minn.) pressed President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB) over who will be making key decisions at the agency Thursday, after it dismissed

The Trump administration denied allegations Monday that it aims to dismantle the Consumer Financial Protection Bureau (CFPB). Government lawyers said in a new court filing that the consumer

Since its founding, the CFPB has returned more than $21 billion to consumers who were victims of fraud or scams.