

Stacy Cowley
Posts

Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
The Consumer Financial Protection Bureau wants to return a $105,000 penalty it collected last fall when it resolved a discrimination lawsuit.

Left for Dead, the C.F.P.B. Inches Back to Life
Court orders have paused, and at times reversed, the Trump administration’s efforts to shut down the consumer watchdog agency.

Trump Seeks to Bar Student Loan Relief to Workers Aiding Migrants and Trans Kids
The president signed an order that would deny loan forgiveness to workers for groups engaged in “substantial illegal activities,” which it indicated included things like...

CFPB Drops Lawsuit Against Banks Over Zelle Scams
A spokeswoman for the payment app’s parent company said the lawsuit against three large banks was “without merit, and legally and factually flawed.”

CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers
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...

Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than...

CFPB Employees Left Stranded and Confused After Stop-Work Orders
Since the acting director of the Consumer Financial Protection Bureau issued stop-work orders, employees have been trying to decipher exactly what they mean.

36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, student loans and other...

Russell Vought Orders Consumer Protection Bureau’s Headquarters Closed for a Week
The order to shutter the agency’s headquarters follows another order issued Saturday by Mr. Vought, who also leads the Office of Management and Budget, telling...

Trump Administration Fires Consumer Bureau Chief Rohit Chopra
Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of consumer protection laws.