Jonathan McKernan, President Trump’s pick to lead the embattled Consumer Financial Protection Bureau (CFPB) is set to testify Thursday morning before the Senate Committee on Banking, Housing
President Donald Trump has said it more than once—the Consumer Financial Protection Bureau is no more. Calling it “the ultra-left CFPB,” Trump said he moved to shut down the agency after receiving calls from bankers and loan officers who were “almost crying” over its regulations.
U.S. District Judge John Bates said the attorneys for the plaintiffs will be allowed to question an official from the DOGE’s White House headquarters, and one from the Labor Department, HHS, and the Consumer Financial Protection Bureau.
Barely a month after the new president took the oath of office, Weiser announced Colorado’s involvement last week in lawsuits No. 8 and No. 9. Weiser’s office said Colorado would join the other states in challenging President Donald Trump’s orders barring “gender-affirming care” for children and shutting down the federal Consumer Financial Protection Bureau.
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."
Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from private companies are going unanswered following President Donald Trump's efforts to dismantle the agency,
Lawyers for President Donald Trump's administration have denied that the White House intends to dismantle the U.S. Consumer Financial Protection Bureau, apparently contradicting statements the president himself made to reporters earlier this month.
The Consumer Financial Protection Bureau, a watchdog agency created to protect consumers, is under fire by President Trump and DOGE. Its new head ordered work to stop and funding to end.