Catenaa, Monday, February 10, 2025 – The Trump administration has ordered the Consumer Financial Protection Bureau (CFPB) to cease nearly all operations, effectively shutting down the agency established after the 2008 financial crisis to protect consumers.  Russell Vought, the newly appointed director of the Office of Management and Budget, instructed the CFPB to halt proposed […]

Catenaa, Sunday, April 20, 2025-The Trump administration has moved to eliminate a key consumer protection rule introduced under President Joe Biden, which capped credit card late fees at $8. On Monday, the US Consumer Financial Protection Bureau (CFPB), backed by business and banking groups, filed a motion in a Texas federal court requesting the dismissal […]