All posts tagged "Consumer Financial Protection Bureau"

A new report in The Wall Street Journal says federal judges are facing "increasing irritation" when dealing with Trump administration lawyers because they're unsure of the accuracy of the information they're getting before making important rulings.

The consequences of the government's waning credibility "could be serious—both for the administration, which might see its odds of prevailing on close questions diminish before judges who lack confidence in government representations, and for the judiciary, should lip service to court orders become an acceptable norm," the report said.

Correspondent Jess Bravin wrote that the latest test is expected this week during a hearing on whether the White House is openly disregarding U.S. District Judge Amy Berman Jackson's orders to stop dismantling the Consumer Financial Protection Bureau. ...

One of the agencies that Elon Musk's Department of Government Efficiency (DOGE) is tasked with downsizing is the Consumer Financial Protection Bureau — the very same agency that will decide whether Musk's social media platform X will be permitted to offer mobile payment services à la Paypal.

Musk has claimed that he's policing himself and has no conflicts of interest between his business ventures and his new government role. But experts say that assertion is a joke.

National Public Radio spoke with Richard Cordray, who led the CFPB under President Barack Obama....

The New York Times reports on a new study from the Consumer Financial Protection Bureau that really drives home how sleazy the banking industry has gotten, and how much they've come to view customers are the enemy:

Democratic Massachusetts Senate candidate Elizabeth Warren released her second video advertisement on Monday, which portrays her as a "gutsy" political outsider with "fresh ideas."