Published 8 days ago • loading... • Updated 3 days ago

Federal judge blocks Trump from dismantling Consumer Financial Protection Bureau

A federal judge issued a preliminary injunction to block the Trump administration from dismantling the Consumer Financial Protection Bureau .
The CFPB is an agency responsible for protecting consumers from financial fraud and deceptive practices, processing consumer complaints, and examining banks to protect student loan borrowers.
The judge ruled that the court can and must act to save the CFPB from being shuttered after Trump installed a temporary replacement who ordered the suspension of operations and firing of employees.

Insights by Ground AI

Does this summary seem wrong?

197 Articles

All

Left

Center

Right

Alternet

Left

'Surefire way to promote lawless behavior': Trump admin accused of siding with 'bottom-feeders'

"Regulatory relief for small loan providers" was how the Trump administration described its decision not to prioritize enforcing a rule meant to protect people who are financially struggling from predatory payday lenders—but one consumer protection advocate said Monday that the announcement signals a policy that that is certain to "promote lawless behavior" by corporations.The Consumer Financial Protection Bureau (CFPB), whose actions aimed at p…

4 days ago·Washington, United States

Read Full Article

Forbes

Center

Why Fintechs Still Need To Behave, Despite Trump's Assault On The CFPB

State attorney generals and regulators like the FDIC are still in business, and the CFPB isn’t dead yet.

4 days ago·United States

Read Full Article

cnet

Center

A Judge Rescued the CFPB From Being Dismantled. Is It Too Late for the Consumer Watchdog?

Look out for higher bank fees and fewer protections as regulations unwind, experts warn.

4 days ago·New York, United States

Read Full Article

bankingdive.com

Center

Judge grants preliminary injunction in CFPB case

The agency must reinstate fired probationary and term employees and can’t enact mass reductions in force, the court said. The injunction also lifts CFPB Acting Director Russ Vought’s stop-work order.

5 days ago

Read Full Article

UPI

Center

Federal judge halts 'hurried' CFPB dissolution

The Trump administration will have to wait for a court challenge to end before dissolving the Consumer Financial Protection Bureau if allowed, a federal judge ruled Friday.

6 days ago·Washington, United States

Read Full Article

End Time Headlines

Lean Right

Federal Judge blocks Texas A&M ban on drag shows, citing Shakespearan cross-dressing

In a recent ruling that has sparked widespread discussion, a federal judge has blocked Texas A&M University’s attempt to ban drag show performances on campus, arguing that such events are protected under the First Amendment. The decision, which draws a historical parallel to Shakespearean cross-dressing, has ignited debates over free expression, educational priorities, and the […]

6 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year