A Diminished CFPB Survives Latest GOP Threat

A diminished CFPB survives latest GOP threat

The Consumer Financial Protection Bureau, the consumer watchdog agency designed by Sen. Elizabeth Warren (D-MA) that has been under constant Republican assault since it opened its doors in 2011, has emerged from the early days of Trump’s second term significantly downsized and limited but still alive. The GOP One Big Beautiful Bill Act cuts the agency’s annual budget by 46%. The defunding comes atop administrative efforts by the Trump administra…

CFPB complaints skyrocket amid efforts to defund, cut staff

Complaints to the Consumer Financial Protection Bureau database have skyrocketed in the first half of 2025, due in part to an increase in payment scams generated by social media that target peer-to-peer payment platforms such as Zelle, Venmo and other apps.

A diminished CFPB, Elizabeth Warren’s brainchild, survives latest GOP threat

The Consumer Financial Protection Bureau, the consumer watchdog agency designed by Sen. Elizabeth Warren (D-MA) that has been under constant Republican assault since it opened its doors in 2011, has emerged from the early days of Trump’s second term significantly downsized and limited but still alive. The GOP One Big Beautiful Bill Act cuts the... The post A diminished CFPB, Elizabeth Warren’s brainchild, survives latest GOP threat appeared firs…