Trump Administration Shuts Down Consumer Protection Bureau

February 10, 2025

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 […]