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The CFPB issued separate policy statements on "sandbox approvals" and no-action letters for fintechs. Both policies are expected to be rescinded by an acting CFPB director appointed by President-elect ...
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The Trump and Musk administration is continuing its vandalism of the Consumer Financial Protection Bureau — the federal agency that has returned more than $20 billion to Americans who have been ...
The letters were sent from Adam Martinez, who's the acting Chief Human Capital Officer for the agency. Taylor Sonne is one CFPB employee who said he received notice of termination on Tuesday.
Following the job cuts, the CFPB will have a little more than 200 remaining personnel to carry out the agency's regulatory activities. The Wall Street Journal reported that on Wednesday, a letter ...
CFPB staff have been on edge since late last ... Some being dismissed received form letters that did not include their specific names and titles, but left some fields filled with generic ...
The CFPB has implemented regulations to enforce consumer protection laws, including predatory lending and deceptive financial products, ensuring a safer marketplace for all. The Trump ...
After the devastating 2008 financial crisis, Congress created the Consumer Financial Protection Bureau (CFPB), an independent agency that enforces consumer protection laws and protects people from ...
No matter how much money you have—even if you have not suffered from fraud or deceptive practices—it’s important to understand the mission of the CFPB and ... the housing bubble of the ...
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