The Consumer Financial Protection Bureau is a federal agency that helps protect consumers from bad actors in the financial services industry. In February 2025, the Trump administration halted work ...

The article below was originally published Feb. 20, after newly installed CFPB leaders halted the agency’s work. The latest updates on changes to the CFPB under the Trump administration can be ...

The apparent decision to keep supervision inert could run counter to claims the CFPB has made in court that it remains committed to meeting its legal obligations. The agency has denied in ...

CFPB employees at that time “closed our laptop lids and walked away,” Pfaff said. When they returned, they found a backlog that Pfaff said would take weeks, if not months, to work through ...

Doe’s testimony countered the picture painted by CFPB Chief Operating Officer Adam Martinez, who spoke as a witness for the administration Monday and Tuesday. Martinez — who is Doe’s ...

Consumers will have to be their own advocates while the fate of the CFPB remains in limbo. The Consumer Financial Protection Bureau, or CFPB, was created in 2011 in response to the 2008 financial ...

The testimony runs counter to CFPB court filings, according to which the agency would continue to exist only in a "streamlined" form, as a judge has temporarily blocked it from continuing with ...

During a lengthy court hearing on Monday, CFPB's Chief Operating Officer Adam Martinez gave a full sworn account of the chaos and confusion that has consumed the federal agency that was set up to ...

CFPB Chief Operating Officer Adam Martinez, continuing his testimony from Monday, said that the Feb. 6 arrival of agents from the so-called Department of Governmental Efficiency and their actions ...