Tag: CFPB
Reasons why banks oppose CFPB disappearance
In February 2025, Jamie Dimon, CEO of JPMorgan Chase, exited the U.S. Capitol after meeting with Republican members of the Senate Banking, Housing, and Urban Affairs Committee to discuss debanking. This pivotal moment marked...
Senate Questions Trump’s CFPB Director Nominee: On the Titanic, Good Luck
Jonathan McKernan, a nominee selected by U.S. President Donald Trump to become the director of the Consumer Financial Protection Bureau, found himself under intense scrutiny from Democratic senators during a confirmation hearing. The hearing...
CFPB Supervision and Enforcement Heads Resign After Stop-Work Order
After receiving a stop-work order from acting Director Russell Vought, two key figures within the Consumer Financial Protection Bureau (CFPB) have resigned, stirring up uncertainty and speculation regarding the future of the agency. Lorelei...
CFPB’s New Leadership Initiates Staff Purge, Terminating Dozens
The Consumer Financial Protection Bureau's New Leadership Initiates Staff Purge, Terminating DozensLate Tuesday, the Consumer Financial Protection Bureau (CFPB) sent termination notices to several dozen employees, primarily individuals on probationary status. This move, part...
